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Property profile & analytics
FOR LEASE
Office buildings
23555 Northwestern Hwy, Southfield, MI 48075
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US43-1854788
For Lease
1 / 4
Contact for pricing
23555 Northwestern Hwy, Southfield, MI 48075
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
9,800 SF
Lot
0.74 ac (32,409 SF)
Zoning code
OS
APN
76-24-26-401-008
UPID
US43-1854788
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
Current use
Occupant on record · Public records
-
Alpha Temple Divine Science Church Mosque
-
Shear Essence Hair Salon Nail Salon
-
E L Bailey Co Inc Construction Company General Contractor
-
Executive Consulting Services Inc Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southfield Investment Property LLC
Southfield Investment Property LLC
since 2025
Last sale
$220,000
7 recorded transactions
Zoning & alternative use
OS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,078
Tax year 2022
Assessed value
$273,830
Assessed 2022
Previous assessed
$273,830
+0.0% YoY
Effective rate
5.51%
On assessed value
Assessed land
$46,700
Assessed improvement
$227,130
Land market value
$93,400
Improvement market value
$454,260
Total market value
$547,660
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1969
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
9,800 SF
Lot
0.74 ac (32,409 SF)
Zoning code
OS
APN
76-24-26-401-008
UPID
US43-1854788
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
OS · Southfield, MI
Zoning OS · permitted uses
OS · 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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Southfield Investment Property LLC
Entity
Mailing address
2601 S BAYSHORE DR STE #1400, MIAMI, FL 33133-5460
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Southfield Investment Property
—
Deed
related
$165,000 · Community Choice Credit Union
Nov 26, 2025
$220,000
Southfield Investment Property LLC
Bi 79 London LLC
Deed
—
Sep 24, 2025
—
Bi 79 London LLC
Northwestern Hwy LLC
Quitclaim Deed
related
—
Jun 7, 2024
—
Bi 79 London LLC
Bi 79 LLC
Deed
—
Feb 27, 2023
—
London Real Estate LLC
—
Deed
related
$19,200,000 · Bi 79 LLC
Jun 15, 2022
—
Northwestern Hwy LLC
London Real Estate LLC
Land Contract
—
Dec 18, 2019
—
London Real Estate LLC
—
Deed
related
$2,750,000 · Cpif Wtb LLC
Aug 9, 2018
—
London Real Estate LLC
—
Deed
related
$13,500,000 · Cpif Wtb LLC
May 20, 2013
—
London Real Estate LLC
—
Trustees Deed
related
$5,550,000 · Jhm Ventures
Sep 6, 2007
—
London Real Estate LLC
London Real Estate LLC
Quit Claim Deed
related
$220,000 · Fifth Third Bank
Aug 19, 1998
$316,000
London Properties LLC
Executive Consulting Services
Grant Deed
—
—
—
London Properties LLC
—
Deed Of Trust
related
$296,250 · N B D Bank NA
—
—
London Real Estate LLC
—
Loan Modification
related
$2,750,000 · Cpif Wtb LLC
—
—
London Real Estate LLC
—
Deed Of Trust
related
$820,000 · Fifth Third Bank
—
—
London Real Estate LLC
—
Deed Of Trust
related
$13,500,000 · Cpif Wtb LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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