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    Property profile & analytics

    28645 Southfield Rd Lathrup Village, MI 48076-2701

    • Retail space
    • 6,259 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0203941
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 28645 Southfield Rd

    Year built
    1969
    Lot size
    0.32 lot acres
    Property size
    6,259 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    40-24-14-231-005
    APU
    402414231005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lathrup Village
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2229
    Latitude
    42.5001
    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
    2023
    $14,526
    $0.00
    $0.00
    $247,030
    -
    $0.00
    $0.00
    $494,060

    Comparable in this City

    • Value Estimation by Request
      3,172 SF

      26811 Southfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,172 SF
      26811 Southfield Rd, Lathrup Village, MI 48076-4534
      View Details
    • Value Estimation by Request
      8,810 SF

      28927 Southfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,810 SF
      28927 Southfield Rd, Lathrup Village, MI 48076-2720
      View Details
    • Value Estimation
      $585,000
      18,900 SF

      29201 Greenfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 18,900 SF
      29201 Greenfield Rd, Southfield, MI 48076-5832
      View Details
    • Value Estimation
      $250,000
      3,140 SF

      28755 Greenfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,140 SF
      28755 Greenfield Rd, Southfield, MI 48076-3035
      View Details
    • Value Estimation by Request
      9,345 SF

      26710 Southfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,345 SF
      26710 Southfield Rd, Lathrup Village, MI 48076-4533
      View Details
    • Value Estimation by Request
      2,400 SF

      26911 Southfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      26911 Southfield Rd, Lathrup Village, MI 48076-4562
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Southfield Corridor

      Retail space with high visibility in a busy commercial area.
      30215 Southfield Rd, Southfield, MI 48076
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    • Contact for pricing
      51 SF

      Retail Center at High-Traffic Intersection

      Retail center anchored by CVS, Harbor Freight, and O’Reilly Auto.
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    • Contact for pricing

      505 S Main Street Royal Oak Restaurant Space for lease

      Restaurants
      0 Main St, Southfield, MI 48076
      View Details
    • $220,000

      Turn-Key Restaurant Business Opportunity

      Established restaurant for sale in Southfield, ready for new owner.
      29702 Southfield Rd, Southfield, MI 48076
      View Details
    • New
      $549,900
      4,648 SF

      Mixed-Use Property in Oakland, MI

      High-visibility commercial space with stable rental income and prime exposure.
      17600 W 11 Mile Rd, Southfield, MI 48076
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      Southfield Office Building Opportunity

      High-quality office property in Southfield, Michigan with many amenities.
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    Similar Nearby for Lease

    • Contact for pricing
      1,652 SF

      Retail Space Near Kroger Marketplace

      Retail spaces available in high-traffic location near major retailers.
      26015-26325 Greenfield Rd, Southfield, MI 48076
      View Details
    • Contact for pricing
      61,320 SF

      Prime Retail Center on Southfield

      Retail space available in high-traffic Southfield location.
      29201-29307 Southfield Rd, Southfield, MI 48076
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Grocery-Anchored Center

      Retail space available in Southfield, MI with national co-tenants.
      19731-19961 W 12 Mile Rd, Southfield, MI 48076
      View Details
    • Contact for pricing
      2,160 SF

      Retail Space in Grocery-Anchored Center

      Retail space available in Southfield, MI with national co-tenants.
      19991 W 12 Mile Rd, Southfield, MI 48076
      View Details
    • Contact for pricing
      10,000 SF

      Southfield Retail Space For Rent

      Centrally located retail space with direct highway access.
      21650 W 11 Mile Rd, Southfield, MI 48076
      View Details
    • $12 SF/Yr
      50,000 SF

      Harvard Row Retail Spaces

      Southfield, MI: Prime Retail Storefronts
      21700 11 Mile Rd, Southfield, MI 48076
      View Details
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    28645 Southfield Rd
    Lathrup Village, MI 48076-2701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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