Property profile

27777 Franklin Rd Southfield, MI 48034

OFF-MARKET
Office buildings
Property ID
US43-5278630
592,350 SF 23.64 ac lot Built 1974
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 592,350 SF
Lot 23.64 ac (1,029,758 SF)
Zoning code RC
APN 76-24-17-351-018
UPID US43-5278630

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
  • Business Management Consultant Business Development Service
  • Insurance Agency
  • Financial Advisor
  • Financial Advisor
  • Law Firm

Location

27777 Franklin Rd Southfield, MI 48034-2337
Southfield metro Census 160300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.06M
Blend (final) Blend
$21.89M

Owner & transaction history

since 2006
6 recorded transactions
2006
Price N/A
2005
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RC · Southfield, MI
Zoning description

The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…

General category PLANNED_DEVELOPMENT

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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