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    Property profile & analytics

    29285 Southfield Rd Southfield, MI 48076-1921

    • Drive through restaurants
    • 5,598 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US43-0426938
    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

    • Crazy Crab West 12 Mile / Asian Restaurant / Japanese Restaurant
    • Dryclean Depot / Dry Cleaner

    Property Details for 29285 Southfield Rd

    Year built
    1971
    Lot size
    0.85 lot acres
    Property size
    5,598 SF
    Zone code
    B-1
    Property type
    Drive through restaurants
    APN
    76-24-11-479-059
    APU
    762411479059

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $440,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $400,000
      Mixed-Use
      $475,000
      Hospitality
      $425,000
      Educational
      $375,000
      Residential Income
      $395,000
      Energy
      $390,000
      Income-Based Land
      $390,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2234
    Latitude
    42.5053
    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
    2022
    $18,334
    $129,590
    $315,960
    $445,550
    -
    $259,180
    $631,920
    $891,100

    Comparable in this City

    • Value Estimation by Request
      3,524 SF

      27777 Southfield Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,524 SF
      27777 Southfield Rd, Lathrup Village, MI 48076-7903
      View Details
    • Value Estimation
      $475,000
      6,022 SF

      30711 Southfield Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,022 SF
      30711 Southfield Rd, Southfield, MI 48076-7740
      View Details
    • Value Estimation
      $465,000
      2,048 SF

      19701 12th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,048 SF
      19701 12th Mile Rd, Southfield, MI 48076-2584
      View Details
    • Value Estimation
      $560,000
      4,318 SF

      30161 Southfield Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,318 SF
      30161 Southfield Rd, Southfield, MI 48076-1447
      View Details
    • Value Estimation
      $505,000
      5,396 SF

      29069 Greenfield Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,396 SF
      29069 Greenfield Rd, Southfield, MI 48076-2225
      View Details
    • Value Estimation
      $490,000
      5,264 SF

      29515 Southfield Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,264 SF
      29515 Southfield Rd, Southfield, MI 48076-2087
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Established restaurant for sale in Southfield, ready for new owner.
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      Southfield Office Building Opportunity

      High-quality office property in Southfield, Michigan with many amenities.
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      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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    • $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
      View Details
    • New
      $1,300,000
      1,739 SF

      Lathrup Village Commercial Space

      Single-story commercial space ideal for pharmacy, medical, or retail use.
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    Similar Nearby for Lease

    • $12 SF/Yr
      55,196 SF

      Southfield Plaza Retail Space

      Restaurant & Retail Space Available Now
      29706 Southfield Rd, Southfield, MI 48076
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    • $35 SF/Yr
      48,900 SF

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      Class A Medical Office Building, 48,900 SF Available
      0 Nwc Of Evergreen Rd And Civic Ctr Dr, Southfield, MI 48076
      View Details
    • $16 SF/Yr
      5,920 SF

      Lathrup Village Creative Office Suite

      1,500 SF Creative Office Space for Lease
      26440 Southfield Rd, Lathrup Village, MI 48076
      View Details
    • $13,800 /Mo
      25,000 SF

      Southfield Office Building - The Park

      Prime Southfield Office Space, Abundant Parking
      29433 Southfield Rd, Southfield, MI 48076
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    • $14 SF/Yr
      11,024 SF

      Southfield Medical Office Suites

      Prime Medical Office Space Available
      17070 Twelve Mile Rd, Southfield, MI 48076
      View Details
    • $16 SF/Yr
      5,920 SF

      Southfield Road Creative Office Suite

      Modern 1500 sq ft office, updated finishes
      26440 Southfield Rd, Lathrup Village, MI 48076
      View Details
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    Southfield, MI 48076-1921
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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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