27100 Lahser RdSouthfield, MI 48076

Property Details for 27100 Lahser Rd

Year built

1966

Lot size

0.94 AC

Property size (Sq ft)

4,800 SF

Zone code

NS

Property type

Banks

APN

76-24-15-353-003

APU

762415353003

Description

This exceptional 4,775 square foot retail space is available for lease at 27100 Lahser Road in Southfield, Michigan. Located in Oakland County, this single-tenant property sits on a 0.94-acre lot, offering ample space and visibility. The entire building is currently vacant, presenting a unique opportunity for a business seeking a move-in ready location. The property's classification is retail commercial, making it ideal for a variety of retail uses. The address is 27100 Lahser Road, Southfield, MI 48076. Its convenient location within Southfield offers excellent access to major roadways and a strong customer base. The property's size and layout provide flexibility for various retail concepts. With its substantial square footage and prime location, this property represents a significant opportunity for businesses looking to establish or expand their presence in the thriving Southfield market. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is zoned for commercial use.

• CAP approach

  CAP return

  Valuation

  6%

  $1,207,902

  6.5%

  $1,114,986

  7%

  $1,035,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,131,460

  Geo Method

  $1,131,460

• Alternative Use

  Use

  Valuation

  Residential

  $940,533

  Hospitality

  $861,523

  Educational

  $716,777

  Medical

  $741,428

  Retail

  $1,114,986

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4879

Longitude

-83.2609

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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