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    Property profile & analytics

    24701 Northwestern Hwy Southfield, MI 48075-2311

    • Grocery and convenience stores
    • 2,250 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US43-0214891
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Speedway / Gas Station
    • LibertyX Bitcoin ATM / Atm

    Property Details for 24701 Northwestern Hwy

    Year built
    1960
    Lot size
    0.66 lot acres
    Property size
    2,250 SF
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    76-24-26-151-001
    APU
    762426151001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.24
    Latitude
    42.4704
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,387
    $95,450
    $281,870
    $377,320
    -
    $190,900
    $563,740
    $754,640

    Comparable in this City

    • Value Estimation
      $395,000
      2,172 SF

      25826 Southfield Rd

      GROCERY, SUPERMARKET • 2,172 SF
      25826 Southfield Rd, Southfield, MI 48075-1820
      View Details
    • Value Estimation
      $495,000
      1,378 SF

      24722 Southfield Rd

      GROCERY, SUPERMARKET • 1,378 SF
      24722 Southfield Rd, Southfield, MI 48075-2715
      View Details
    • Value Estimation
      $315,000
      1,650 SF

      19606 10th Mile Rd

      GROCERY, SUPERMARKET • 1,650 SF
      19606 10th Mile Rd, Southfield, MI 48075-2313
      View Details
    • Value Estimation
      $610,000
      27,841 SF

      18880 8th Mile Rd

      GROCERY, SUPERMARKET • 27,841 SF
      18880 8th Mile Rd, Southfield, MI 48075-4129
      View Details
    • Value Estimation
      $235,000
      1,370 SF

      18300 9th Mile Rd

      GROCERY, SUPERMARKET • 1,370 SF
      18300 9th Mile Rd, Southfield, MI 48075-4022
      View Details
    • Value Estimation
      $505,000
      2,520 SF

      19995 9th Mile Rd

      GROCERY, SUPERMARKET • 2,520 SF
      19995 9th Mile Rd, Southfield, MI 48075-3962
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      24.3k
    • Visitors by month
      14.8k
    • Avg Time on site
      10 min
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    24701 Northwestern Hwy
    Southfield, MI 48075-2311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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