Property profile

29955 Southfield Rd Southfield, MI 48076

OFF-MARKET
Banks
Property ID
US43-0920827
3,135 SF 0.97 ac lot Built 2009
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding retail property, formerly a Chase Bank, offers 4,270 square feet of immaculate space available for lease. Situated on a 0.98-acre lot at a signalized intersection on Southfield Road in Oakland County, Michigan, this location boasts impressive visibility and accessibility. Daily traffic counts exceed 35,000 vehicles, ensuring high exposure for your business. The building is in excellent condition and features a convenient drive-thru configuration with four lanes, perfectly suited for businesses requiring this functionality. Ample parking is provided with 28 spaces available for customers and employees. The single-tenant occupancy allows for complete customization and control over the space. This property presents a unique opportunity for a business seeking a high-traffic, highly visible location in a thriving commercial area. The building's excellent condition minimizes upfront capital expenditures, allowing for a quicker return on investment. The strategic location, combined with the ample parking and drive-thru lanes, makes this an ideal space for a variety of retail businesses. Don't miss this chance to establish your presence in a prime Southfield location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2009
Total area 3,135 SF
Lot 0.97 ac (42,340 SF)
Zoning code OS
APN 76-24-11-277-028
UPID US43-0920827

Cap rate & NOI

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

Location

29955 Southfield Rd Southfield, MI 48076-2092
Southfield metro Census 160600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2009
Price N/A

Zoning & alternative use

OS · Southfield, MI
Zoning description

Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services

General category UNKNOWN

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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