Advertise

Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Financial
Distress signals
Property profile

28875 Franklin Rd Southfield, MI 48034

OFF-MARKET
Drive through restaurants
Property ID
US43-0107191
5,195 SF 0.9 ac lot Built 2017
Last sale Aug 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a fee-simple, freestanding, built-to-suit Starbucks coffee shop with drive-through service. The newly constructed building is configured for a single-tenant use and includes a drive-through component. The site is located at 28875 Franklin Road in Southfield, Michigan, near the intersection of 12 Mile Road and Northwestern Highway, in an area that includes office and retail activity as well as nearby residential neighborhoods, providing access to surrounding commercial and residential destinations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$34k
Tax billed · 2022
Assessed value$611k
Assessed land$247k
Assessed improvement$364k
Effective rate5.61%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$465k
Submarket $/SF estimate$601k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passe...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop23.3
Building Supply23.0
Auto Parts Store18.4

Location

28875 Franklin Rd Southfield, MI 48034-1692
County assessor Recorded deeds · 12 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28830 Northwestern, Southfield, MI 48034-1831 $620,000 Dec 2024 3,348 SF
29476 Northwestern, Southfield, MI 48034-1029 $810,000 Jun 2023 6,014 SF
28681 Northwestern, Southfield, MI 48034-1825 $800,000 Jun 2022 3,928 SF
28799 Northwestern, Southfield, MI 48034-1826 $750,000 Apr 2022 4,082 SF
27522 Northwestern, Southfield, MI 48034-4723 $1,250,000 Aug 2021 9,592 SF
26051 12th Mile, Southfield, MI 48034-1701 $1,035,000 Nov 2019 6,776 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $765,000
    5,880 SF
    28877 Telegraph Rd
    SHOPPING CENTER, STRIP CENTER
    28877 Telegraph Rd, Southfield, MI 48034-1949
    View Details
  • Value Estimation
    $480,000
    4,025 SF
    28844 Northwestern Hwy
    RETAIL STORES (PERSONAL SERVICES)
    28844 Northwestern Hwy, Southfield, MI 48034-1831
    View Details
  • Value Estimation
    $850,000
    6,966 SF
    26571 12th Mile Rd
    BARBER, HAIR SALON
    26571 12th Mile Rd, Southfield, MI 48034-1561
    View Details
  • Value Estimation
    $525,000
    3,669 SF
    28481 Telegraph Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    28481 Telegraph Rd, Southfield, MI 48034-7506
    View Details
  • Value Estimation
    $540,000
    7,924 SF
    27255 Lahser Rd
    FINANCIAL BUILDING
    27255 Lahser Rd, Southfield, MI 48034-4744
    View Details
  • Value Estimation
    $475,000
    3,348 SF
    28830 Northwestern Hwy
    SHOPPING CENTER, STRIP CENTER
    28830 Northwestern Hwy, Southfield, MI 48034-1831
    View Details

Similar in This City for Sale

  • New
    $899,000
    5,767 SF
    Flex-Retail Building with Rear Door
    Flexible flex-retail building with recent upgrades, split into two spaces and served by a rear grade-level door.
    24061 - 24063 W. 10 Mile Road, Southfield, MI 48033
    View Details
  • Contact for pricing
    5,767 SF
    Improved Flex Building
    Two separately configured areas offer flexible occupancy within an I-1 industrial-zoned property.
    24061-24063 W. 10 Mile Road, Southfield, MI 48033
    View Details
  • New
    Contact for pricing
    6,000 SF
    Upper-Level Office Units
    Open-plan upper-level workspace with private offices, three bathrooms, flexible division, and shared entry access.
    23455 Telegraph Road, Southfield, MI 48033
    View Details
  • $125,000
    8,000 SF
    Outlet and Liquidation Retail Space
    For sale retail space with a functional layout built for high-volume sales and inventory turnover.
    1234 Oak Glen Dr, Southfield, MI 48033
    View Details
  • New
    Contact for pricing
    36,000 SF
    Southfield Commercial Property for Sale
    Versatile commercial property with high visibility and flexible zoning.
    18000 W 8 MILE Road, Southfield, MI 48075
    View Details
  • $10,200,000
    53,500 SF
    Multi-Tenant Shopping Center Near CVS
    Retail center with established national, regional, dining, automotive, and healthcare occupants in a prominent suburban trade area.
    30598 - 30860 Southfield Road, Southfield, MI 48076
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    3,501 sqft
    Freestanding Burger King NNN Property
    A freestanding quick-service restaurant leased to Burger King under a long-term NNN structure.
    26211 W 12 Mile Rd, Southfield, MI 48034
    View Details
  • Contact for pricing
    12,406 sqft
    Fully Leased Shopping Center
    B-1 retail center with direct I-96 access, ample parking, and established surrounding office and retail uses.
    30000 Telegraph Rd, Southfield, MI 48034
    View Details
  • Contact for pricing
    Retail Center on Northwestern Highway
    Well-maintained retail center in Southfield with high visibility.
    28637 Northwestern Hwy, Southfield, MI 48034
    View Details
  • Contact for pricing
    854 sqft
    Retail Endcap Suite
    Endcap retail suite with frontage on Northwestern Highway in Northwestern Plaza.
    28799-28811 Northwestern Highway, Southfield, MI 48034
    View Details
  • $19.50 SF/Yr
    Office Building with Ground Retail
    Contiguous office space is available on floors 11 through 13, plus ground-level retail ranging from 508 to 1,784 SF.
    27777 Franklin Rd, Southfield, MI 48034
    View Details
  • New
    Contact for pricing
    Shopping Center with 2024 Refacade
    Franklin Plaza is a refaced shopping center anchored on Northwestern Highway with strong nearby daytime employment.
    29101-29199 Northwestern Highway, Southfield, MI 48034
    View Details
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 28875 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.
Request Owner's contact information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
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
Thank You

You are Unsubscribed From Notifications

Thank You for Inquiry
28875 Franklin Rd, Southfield, MI, 48034
letter with green check mark
Check your email
We sent you the
agent's contact details. yellow underline
Can't find it?
Please check your junk/spam folder.
Why this one?
Saved
Reason not saved — we won't ask again
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!