27105 Shiawassee Rd Southfield, MI 48033-3562
Property profile & analytics
27105 Shiawassee Rd Southfield, MI 48033-3562
- Grocery and convenience stores
- 1,200 SF
- 0.12 lot acres
Property ID
US43-0307687
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 27105 Shiawassee Rd
- Year built
- 1946
- Lot size
- 0.12 lot acres
- Property size
- 1,200 SF
- Zone code
- R-1
- Property type
- Grocery and convenience stores
- APN
- 76-24-31-303-007
- APU
- 762431303007
Description
This 1,200 square foot industrial property, located at 27105 SHIAWASSEE in Southfield, MI, presents a unique investment opportunity. Situated on a 0.12-acre lot, the property currently operates as a well-established convenience store within a residentially zoned area, benefiting from a grandfathered status. The business enjoys strong local demand, averaging $12,000 in monthly sales. The existing customer base demonstrates a significant need for beer and wine sales, presenting a clear path for revenue expansion with the addition of the appropriate licensing. This turnkey operation offers immediate income generation and substantial potential for future growth through strategic enhancements and the addition of beer and wine sales. The property's location within a residential area ensures a consistent customer base, minimizing reliance on external traffic. This is a rare chance to acquire a profitable business with significant upside in a desirable location. The property is priced at $219,900 and offers a compelling return on investment for the right buyer. The existing infrastructure provides a solid foundation for continued success, allowing for immediate revenue generation and the opportunity to capitalize on the high demand for expanded product offerings. This is a truly exceptional opportunity for an investor seeking a strong, established business with significant growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3136
- Latitude
- 42.4487
- 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
$2,740
$11,010
$43,930
$54,940
-
$22,020
$87,860
$109,880
