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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Community centers
23039 Beech Rd, Southfield, MI 48033-3433
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1138680
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1972
Total area
24,432 SF
Lot
2.09 ac (90,910 SF)
Zoning code
B-3
APN
76-24-30-426-047
UPID
US43-1138680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$805k
Owner & transaction history
Beauty Box Southfield LLC · 3 yrs held
Beauty Box Southfield LLC
since 2022
Last sale
$795,000
7 recorded transactions
Zoning & alternative use
B-3 · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$845,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $795k (Oct 4 2022)
Last sale anchor
$795k
Oct 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$29,734
Tax year 2022
Assessed value
$488,640
Assessed 2022
Previous assessed
$488,640
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$177,710
Assessed improvement
$310,930
Land market value
$355,420
Improvement market value
$621,860
Total market value
$977,280
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
24,432 SF
Lot
2.09 ac (90,910 SF)
Zoning code
B-3
APN
76-24-30-426-047
UPID
US43-1138680
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Southfield, MI
Zoning B-3 · permitted uses
B-3 · Southfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Beauty Box Southfield LLC
Entity
Mailing address
27236 SOUTHFIELD RD, LATHRUP VILLAGE, MI 48076-3400
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
Beauty Box Southfield LLC
—
Deed
related
$1,035,000 · 5600 Allendale LLC
Oct 4, 2022
$795,000
Beauty Box Southfield LLC
Sandiha Brothers LLC
Deed
$1,035,000 · Noblestone 9 Beech LLC
—
—
Sandiha Brothers LLC
—
Deed Of Trust
related
$750,000 · Oakland Commerce Bank
—
—
Sandiha Brothers LLC
—
Deed Of Trust
related
$925,000 · Oakland Commerce Bank
—
—
Sandiha Brothers LLC
—
Deed Of Trust
related
$2,023,000 · Oakland Commerce Bank
—
—
Sandiha Brothers LLC
—
Deed Of Trust
related
$1,800,000 · Flagstar Bank Fsb
—
—
Sandiha Brothers LLC
—
Deed Of Trust
related
$1,670,000 · Oakland Commerce Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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