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27051 Southfield Rd 1,600 SF Retail Building Lathrup Village, MI 48076 $480,000 ($300/SF)
Investment Highlights
- High traffic Premium Location. 2 Retail units in 1 building, 27047 Southfield (previously Massage Store) & 27051 Southfield (previously Lawyer office)
Executive Summary
High traffic Premium Location. 2 Retail units in 1 building, 27047 Southfield (previously Massage Store) & 27051 Southfield (previously Lawyer office) . Above ground 1,588 sqft with a full basement. 10 Parking lots. 43 feet on Southfield Rd.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,336
|
$3.96
|
| Operating Expenses |
$4,000
|
$2.50
|
| Total Expenses |
$10,336
|
$6.46
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $6,336 |
| Annual Per SF | $3.96 |
| Operating Expenses | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $2.50 |
| Total Expenses | |
|---|---|
| Annual | $10,336 |
| Annual Per SF | $6.46 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
C
Year Built
1969
Price
$480,000
Price Per SF
$300
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.10 AC
Zoning
B-1 - Business
Parking
10 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
39’ on Southfield Rd
Amenities
- 24 Hour Access
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-14-484-007 | Total Assessment | $92,340 |
| Land Assessment | $0 | Annual Taxes | $6,336 ($3.96/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
24-14-484-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,340
Annual Taxes
$6,336 ($3.96/SF)
Tax Year
2025 Payable 2025
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Map
Presented by
Lan Lan Holdings, LLC
27051 Southfield Rd
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