Property profile

28545 Franklin Rd Southfield, MI 48034

OFF-MARKET
Commercial real estate
Property ID
US43-1965005
13.56 ac lot Built 1979
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Lot 13.56 ac (590,456 SF)
Zoning code RMM
APN 76-24-18-277-059
UPID US43-1965005

Cap rate & NOI

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

Location

28545 Franklin Rd Southfield, MI 48034-1662
Southfield metro Census 160400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k

Owner & transaction history

Zoning & alternative use

RMM · Southfield, MI
Zoning description

The Multiple-Family Residential Districts (Medium Rise) are designed to provide sites for medium-density multiple-dwelling structures adjacent to secondary and major thoroughfares and freeway service drives

General category RESIDENTIAL

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 28545 Franklin Rd?
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