Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

26206 12th Mile Rd Southfield, MI 48034

OFF-MARKET
Medical Office Space
Property ID
US43-1749797
26,259 SF 3.9 ac lot Built 1975
Last sale Jun 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ 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

This exceptional medical office building, located at 26206 W 12 Mile Rd in Southfield, Michigan, presents a unique investment opportunity. The property, known as Franklin Medical Center, boasts a total of 26,258 square feet, offering multiple tenancy options. Nine spaces are currently available, ranging from a minimum of 285 square feet to a maximum contiguous space of 3,356 square feet. A significant 15,769 square feet is currently vacant, providing flexibility for expansion or multiple…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value$869k
Assessed land$420k
Assessed improvement$449k
Effective rate6.54%

Value estimate

· Oct 2026
$770k
$693k – $847k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$290/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$87 – $458

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.3
Grocery Store10.4
Kitchen & Bath9.8

Location

26206 12th Mile Rd Southfield, MI 48034-1754
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29110 Inkster, Southfield, MI 48034-1098 $7,455,500 Mar 2024 41,548 SF
27752 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27734 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27770 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27722 Franklin, Southfield, MI 48034 $3,550,000 Nov 2021 5,151 SF
28625 Northwestern, Southfield, MI 48034-1828 $1,550,000 Aug 2019 31,648 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 26206 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.
Why this one?
Saved