A fast and cost effective way to determine the anisotropy field (µ0Ha) and the saturation magnetization (µ0Ms) of a hard magnetic compound is crucial to search for new permanent magnet materials. A single crystal in a defined shape is the conventional way to determine µ0Ha. However, the growth of phase-pure single crystalline sample is not always possible for some hard magnetic compounds with poor phase stability. In this study, we propose and demonstrate a fast and cost-effective method for determining µ0Ha and µ0Ms of a main phase in complex alloys. For this purpose, a single grain in trapezoidal prism shape was micro-sampled from bulk heterogeneous (Sm0.8Zr0.2)(Fe0.8Co0.2)11.5Ti0.5 ingot using focused ion beam, from which the magnetization and the anisotropy filed of the ThMn12-type phase in the alloy was determined to be μ0Ms = 1.53 T and µ0Ha = 8.2 T. Electron backscattered diffraction (EBSD) was carried out prior to the lift-out process to select desired region with a known c-axis direction, parallel to the lift out direction in this work. The reliability of this technique was tested by comparing the result with that for the (Nd0.9Dy0.1)2Fe14B single crystal.