Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

21599 W 11 Mile Rd Southfield, MI 48076

FOR SALE
Medical Office Space
Property ID
US43-1363320
8,250 SF 1.23 ac lot Built 1994
Last sale Apr 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$26k
Tax billed · 2022
Assessed value$447k
Assessed land$77k
Assessed improvement$370k
Effective rate5.77%

Value estimate

· Oct 2026
$370k
$333k – $407k
CAP approach$1.72M
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$12k
Operating expenses−$10k
NOI · 162,944.44% cap applied$29k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$87 – $458
Qualifying comparables8

Cap rate analysis

How does the asset earn?
162,944.44%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OS
Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and person...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.6
Restaurant27.4
Dental Office25.2

Location

21599 W 11 Mile Rd Southfield, MI 48076
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18500 12th Mile, Southfield, MI 48076-2674 $420,000 Mar 2024 5,898 SF
20400 12th Mile, Southfield, MI 48076-5415 $500,000 Dec 2023 2,800 SF
29405 Greenfield, Southfield, MI 48076-2226 $420,000 Nov 2023 2,720 SF
26615 Greenfield, Southfield, MI 48076-7208 $495,000 Jan 2023 4,196 SF
17040 12th Mile, Southfield, MI 48076-2131 $650,000 Oct 2022 8,588 SF
21751 11th Mile, Southfield, MI 48076-3712 $800,000 Oct 2020 17,652 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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