Realmo Analytics

Get property leads for Acquiring or Refinance. View reports on 50M+ commercial properties in the US.

Lead list sample
Financial
Distress signals
Property profile

26200 12th Mile Rd Southfield, MI 48034

OFF-MARKET
Turn key restaurants
Property ID
US43-0901399
4,224 SF 0.95 ac lot Built 1976
Last sale Jun 2026 · $1,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a standalone restaurant building totaling 4,224 square feet located in Southfield, Michigan. It features a roof that was replaced in the fall of 2024 and includes a warranty. The building has been operated by a long-term tenant with a substantial operating history, and the tenancy includes a five-year lease extension that was exercised on September 1, 2025. The site is situated on a high-traffic area, supported by public references to traffic counts.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$21k
Tax billed · 2022
Assessed value$320k
Assessed land$134k
Assessed improvement$185k
Effective rate6.47%

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$365k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables15

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-2
The Planned Business District (B-2) is designed to service the needs of the convenience or comparison shopper. The district is generally ...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Grocery Store10.4
Daycare Center9.3

Location

26200 12th Mile Rd Southfield, MI 48034-1772
County assessor Recorded deeds · 3 transfers 15 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26336 12th Mile, Southfield, MI 48034-1768 $413,714 Oct 2022 2,788 SF
26051 12th Mile, Southfield, MI 48034-1701 $1,035,000 Nov 2019 6,776 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26200 12th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again