New search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Super regional malls
27300 Southfield Rd, Lathrup Village, MI 48076-3409
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1334983
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1961
Total area
11,607 SF
Lot
0.61 ac (26,572 SF)
Zoning code
BI
APN
40-24-13-353-001
UPID
US43-1334983
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
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Lathrup Village Plaza LLC · 3 yrs held
Lathrup Village Plaza LLC
since 2023
7 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.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$44 / 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
$21,120
Tax year 2023
Assessed value
$352,720
Assessed 2024
Previous assessed
$330,160
+6.8% YoY
Effective rate
5.99%
On assessed value
Total market value
$705,440
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1961
Heating
YES
Buildings
6
Stories
1
Units
1
Total area
11,607 SF
Lot
0.61 ac (26,572 SF)
Zoning code
BI
APN
40-24-13-353-001
UPID
US43-1334983
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
1961
Heating
YES
Stories
1
Buildings
6
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Lathrup Village Plaza LLC
Entity
Free & Clear · 3 yrs held
Mailing address
164 E MAPLE RD E STE E, TROY, MI 48083-2700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
—
Lathrup Village Plaza LLC
—
Deed
related
$1,000,000 · Community Choice Cu
May 4, 2023
$800,000
Lathrup Village Plaza LLC
27300 Southfield Road LLC
Warranty Deed
—
Sep 20, 2018
—
27300 Southfield Road LLC
Dhal Real Estate LLC
Warranty Deed
$577,500 · Bank Of Ann Arbor
Dec 8, 2017
$350,000
Dhal Real Estate LLC
Y O & Sons LLC
Warranty Deed
$460,000 · Main Street Bank
Aug 21, 2017
$350,000
Yo & Sons LLC
Dhal Real Estate LLC
Warranty Deed
—
Apr 14, 2017
—
Dhal Real Estate LLC
—
Deed
related
$364,000 · Hantz Bk
Aug 10, 2016
—
Dhal Real Estate LLC
Kislev Associates LLC
Warranty Deed
—
Sep 5, 2014
—
Dhal Real Estate LLC
Kislev Associates LLC
Grant Deed
—
—
—
Kislev Associates LLC
—
Deed Of Trust
related
$255,000 · Windmill Holdings INC
—
—
Dhal Real Estate LLC
—
Loan Modification
related
$364,000 · Hantz Bk
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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