Property profile

24060 10th Mile Rd Southfield, MI 48033

OFF-MARKET
Medical Office Space
Property ID
US43-1222640
3,596 SF 0.32 ac lot Built 1971
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Total area 3,596 SF
Lot 0.32 ac (13,983 SF)
Zoning code B-3
APN 76-24-20-477-016
UPID US43-1222640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Physician Medical Clinic
  • Medical Clinic
  • Dental Office

Location

24060 10th Mile Rd Southfield, MI 48033-3006
Southfield metro Census 161100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$750k
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2013
7 recorded transactions
2020
Price N/A
2018
Price N/A
2013
$175,000
2004
Price N/A
2003
Price N/A
1998
$415,000
1969
Price N/A

Zoning & alternative use

B-3 · Southfield, MI
Zoning description

The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passerby traffic

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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