Property profile

27680 Franklin Rd 8 Southfield, MI 48034

OFF-MARKET
Medical Office Space
Property ID
US43-1162535
5,151 SF 0.61 ac lot Built 1985
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Total area 5,151 SF
Lot 0.61 ac (26,572 SF)
Zoning code ERO
APN 76-24-17-328-008
UPID US43-1162535

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
  • Home Health Care Service
  • Home Health Care Service

Location

27680 Franklin Rd, Unit 8 Southfield, MI 48034-8203
Southfield metro Census 160300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.73M

Owner & transaction history

since 2021
Last sale
$3.6M
3 recorded transactions
2021
$3.6M
2017
Price N/A
2011
Price N/A

Zoning & alternative use

ERO · Southfield, MI
Zoning description

The Education-Research-OfficeDistricts (ERO-M, ERO) are designed to accommodate various types ofofficeuses performing administrative, professional and technical services

General category UNKNOWN

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 27680 Franklin Rd, Unit 8?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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