Property profile

24430 10th Mile Rd Southfield, MI 48033

OFF-MARKET
Drive through restaurants
Property ID
US43-1117636
2,200 SF 0.18 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1973
Total area 2,200 SF
Lot 0.18 ac (7,710 SF)
Zoning code B-3
APN 76-24-20-451-008
UPID US43-1117636

Cap rate & NOI

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

Location

24430 10th Mile Rd Southfield, MI 48033-4831
Southfield metro Census 161000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
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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