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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Retail space
26710 Southfield Rd, Lathrup Village, MI 48076-4533
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-1608002
Property summary
AI-generated overview
This 1,100 square foot, single-tenant retail space is located at 26710 Southfield Road, Lathrup Village, MI 48076, on a 0.69-acre lot. The property, zoned commercial (APN 2424103032), boasts a freshly renovated interior (2024) featuring new paint, flooring, and modern furnishings. Ideal for a salon, the space includes eight styling chairs, three shampoo bowls, a bathroom, and a break room. Its prime location in a bustling plaza ensures high visibility and foot traffic, further enhanced by a new neighboring coffee shop. Ample parking is available. The single-story building offers excellent opportunities for signage. This turnkey property is ready for immediate occupancy. All information is deemed reliable but not guaranteed.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Total area
9,345 SF
Lot
0.69 ac (30,056 SF)
Zoning code
BI
APN
40-24-24-103-032
UPID
US43-1608002
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$901k
Blend (final)
Blend
$810k
Owner & transaction history
26710 Southfield LLC
26710 Southfield LLC
since 2026
2 recorded transactions
Zoning & alternative use
BI · Lathrup Village, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lathrup Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lathrup Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,251
Tax year 2023
Assessed value
$359,730
Assessed 2024
Previous assessed
$338,960
+6.1% YoY
Effective rate
5.07%
On assessed value
Total market value
$719,460
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Heating
YES
Buildings
5
Stories
1
Units
1
Total area
9,345 SF
Lot
0.69 ac (30,056 SF)
Zoning code
BI
APN
40-24-24-103-032
UPID
US43-1608002
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Lathrup Village, MI
Zoning BI · permitted uses
BI · Lathrup Village, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lathrup Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
YES
Stories
1
Buildings
5
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
26710 Southfield LLC
Entity
Free & Clear · 0 yrs held
Mailing address
320 MARTIN ST STE #100, BIRMINGHAM, MI 48009-1486
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
26710 Southfield LLC
The Surnow Company LLC
Deed
—
Dec 19, 2007
—
Surnow Co LLC
Surnow
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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