Property profile

27100 Lahser Rd Southfield, MI 48034

OFF-MARKET
Banks
Property ID
US43-0721793
4,800 SF 0.94 ac lot Built 1966
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,775 square foot retail space is available for lease at 27100 Lahser Road in Southfield, Michigan. Located in Oakland County, this single-tenant property sits on a 0.94-acre lot, offering ample space and visibility. The entire building is currently vacant, presenting a unique opportunity for a business seeking a move-in ready location. The property's classification is retail commercial, making it ideal for a variety of retail uses. The address is 27100 Lahser Road, Southfield, MI 48076. Its convenient location within Southfield offers excellent access to major roadways and a strong customer base. The property's size and layout provide flexibility for various retail concepts. With its substantial square footage and prime location, this property represents a significant opportunity for businesses looking to establish or expand their presence in the thriving Southfield market. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is zoned for commercial use.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1966
Total area 4,800 SF
Lot 0.94 ac (40,772 SF)
Zoning code NS
APN 76-24-15-353-003
UPID US43-0721793

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

27100 Lahser Rd Southfield, MI 48034-4742
Southfield metro Census 161200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$502k
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
4 recorded transactions
2024
$800,000
2017
Price N/A
2016
Price N/A
2016
Price N/A

Zoning & alternative use

NS · Southfield, MI
Zoning description

The Neighborhood Shopping District (NS) is designed to service the needs of the local residential community as well as provide shopping opportunities for convenience or comparison shoppers

General category COMMERCIAL
Top alternative use upside
Retail stores $560,000 +11.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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