Financial
Distress signals
Property profile

24758 Southfield Rd Southfield, MI 48075

OFF-MARKET
Strip malls
Property ID
US43-1503199
4,515 SF 0.16 ac lot Built 1962
Last sale Jul 2025 · $420,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 3,015-square-foot commercial space located near the southeast corner of 10 Mile and Southfield Road in Southfield, positioned on a corner for exposure along both Southfield Road and 10 Mile. It provides approximately 72 feet of frontage on Southfield Road and is configured as a single contiguous open floor plan, formed by combining two units, with updated mechanical, electrical, plumbing, HVAC, and interior finishes. The interior offers 16-foot ceilings and a clear-span

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value$195k
Assessed land$23k
Assessed improvement$172k
Effective rate4.05%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$56 – $139
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passe...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.9
Auto Parts Store12.7
Parking Facility12.1

Location

24758 Southfield Rd Southfield, MI 48075-2715
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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