Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    25664 Lahser Rd Southfield, MI 48033-5810

    • Medical Office Space
    • 10,098 SF
    • 1.46 lot acres
    OFF-MARKET
    Value Estimations
    $2,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-0561352
    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

    • Northwest Detroit Dialysis-Lahser Satellite Center / Medical Clinic
    • Hayter Kathryn / Physician

    Property Details for 25664 Lahser Rd

    Year built
    2002
    Lot size
    1.46 lot acres
    Property size
    10,098 SF
    Zone code
    OS
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    76-24-22-351-098
    APU
    762422351098

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,280,000
      6.5%
      $2,100,000
      7%
      $1,950,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.26
    Latitude
    42.4767
    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
    $40,088
    $91,490
    $655,640
    $747,130
    -
    $182,980
    $1,311,280
    $1,494,260

    Comparable in this City

    • Value Estimation
      $605,000
      3,596 SF

      24060 10th Mile Rd

      MEDICAL BUILDING • 3,596 SF
      24060 10th Mile Rd, Southfield, MI 48033-3006
      View Details
    • Value Estimation
      $2,125,000
      18,391 SF

      27150 8th Mile Rd

      MEDICAL BUILDING • 18,391 SF
      27150 8th Mile Rd, Southfield, MI 48033-3590
      View Details
    • Value Estimation
      $2,750,000
      7,920 SF

      22972 Lahser Rd

      MEDICAL BUILDING • 7,920 SF
      22972 Lahser Rd, Southfield, MI 48033-4408
      View Details
    • Value Estimation by Request
      3,843 SF

      24724 Lahser Rd

      MEDICAL BUILDING • 3,843 SF
      24724 Lahser Rd, Southfield, MI 48033-6011
      View Details
    • Value Estimation
      $730,000
      6,621 SF

      25250 8th Mile Rd

      MEDICAL BUILDING • 6,621 SF
      25250 8th Mile Rd, Southfield, MI 48033-3848
      View Details
    • Value Estimation
      $950,000
      4,467 SF

      24371 10th Mile Rd

      MEDICAL BUILDING • 4,467 SF
      24371 10th Mile Rd, Southfield, MI 48033-2929
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,668 SF

      Southfield Medical Building For Sale

      Two-story medical building with ample parking and highway access.
      22777 W 11 Mile Rd, Southfield, MI 48033
      View Details
    • Contact for pricing
      4,018 SF

      Southfield Office Building For Sale

      Office building with ample natural light and expansion potential.
      24750 Lahser Rd, Southfield, MI 48033
      View Details
    • Contact for pricing
      89,210 SF

      Industrial Property for Sale

      Industrial property available for purchase.
      23840 W Eight Mile Rd, Southfield, MI 48033
      View Details
    • Contact for pricing
      280,000 SF

      Southfield Apartment Building Portfolio

      Apartment building portfolio in Southfield's thriving rental market.
      26717 Berg Rd, Southfield, MI 48033
      View Details
    • $49,000
      0.56 Acres

      Southfield Buildable Residential Lots

      Shovel-ready residential lots in Southfield with approved blueprints.
      23874 W 9 Mile Rd Rd, Southfield, MI 48033
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,000 SF

      Professional Office Suite For Rent

      Turn-key office suite with private offices, reception, and break room.
      26300 Telegraph Rd, Southfield, MI 48033
      View Details
    • Contact for pricing

      Premier Class A Office Building

      Renovated office building with modern amenities and ample parking.
      25300 Telegraph Rd, Southfield, MI 48033
      View Details
    • Contact for pricing

      Professional Office Suites Available

      Office suites for lease with utilities and maintenance included.
      24225 W Nine Mile Rd, Southfield, MI 48033
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 24293 Telegraph Road.
      24293 Telegraph Rd, Southfield, MI 48033
      View Details
    • $475 /Mo

      Renovated Office Suite For Rent

      Recently renovated office suite with utilities included in Southfield.
      22511 Telegraph Rd, Southfield, MI 48033
      View Details
    • Contact for pricing

      Southfield Commercial Space For Lease

      Commercial space available for lease in Southfield, Michigan.
      22519 Telegraph Rd, Southfield, MI 48033
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25664 Lahser Rd
    Southfield, MI 48033-5810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!