Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

26400 12th Mile Rd Southfield, MI 48034-1700

  • Commercial real estate
  • 392 SF
OFF-MARKET
Value Estimation
$290,000
Location Intelligence
Property ID
US43-1904226
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

  • Commercial real estate

Property Details for 26400 12th Mile Rd

Year built
1998
Property size
392 SF
Zone code
B-3
Property type
Commercial real estate
APN
76-24-07-604-003
APU
762407604003

Description

Franklin Pointe Medical Center, located at 26400 W 12 Mile Rd in Southfield, Michigan, 48034, presents a unique opportunity for medical professionals seeking office space. This two-story, 91,755 square foot building, constructed in 1985, offers a variety of suite sizes, with a minimum divisible space of 1,210 square feet and a maximum of 10,658 square feet. Currently, there are 14 available spaces totaling 55,834 square feet of vacant space. The building features convenient amenities including elevators, making it easily accessible for patients and staff. The property's location in Southfield, Michigan provides excellent visibility and accessibility for patients and clients. The building is classified as a multi-tenant medical office building, ideal for a variety of medical practices. This is a rare opportunity to secure prime medical office space in a well-established and highly sought-after location. The building's size and layout offer flexibility for practices of all sizes, from small individual practices to larger group practices. Interested parties are encouraged to inquire about available space and lease terms. This property offers a strong investment opportunity in a thriving medical market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $290,000
    6.5%
    $295,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $265,000
    Geo Method
    $295,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $325,000
    Retail
    $300,000
    Mixed-Use
    $350,000
    Hospitality
    $355,000
    Educational
    $360,000
    Residential Income
    $350,000
    Energy
    $380,000
    Income-Based Land
    $320,000
    Food Service
    $295,000

Location Insight

  • Map
  • Local Demand
City
Southfield
County
Oakland
State
Michigan
Longitude
-83.3071
Latitude
42.5019
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
$4,923
$0.00
$86,170
$86,170
-
$0.00
$172,340
$172,340
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