Listing Agency: Friedman Real Estate t***@freg.com Show Phone

Listed By: Todd Hawley · License #MI 6501265610

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:25AM

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Investment Insights

Based on property information with market context.

This office building is available for sale and provides approximately 6,671 SF of office space. The offering is suited for businesses seeking a dedicated office facility with a defined footprint.

The property is located at 20505 W 12 Mile Road in Southfield, Michigan.

Key Highlights

• Office building with approximately 6,671 SF of space

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Storage Facility Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,102

Businesses Nearby

Explore this area Business Placement

Demographics for 48076, MI

26,062

Population

11,016

Households

2.4

Avg Household Size

44

Median Age

44%

College-Educated

94%

High-School Grad

7.1 sq mi

ZIP Area

3,671

Density / Sq Mi

$85,171

Median Household Income

$50,210

Median Earnings

$1,451

Median Rent

$251,300

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Office building offering approximately 6,671 SF of space for purchase.

Where is this office building located?

The property is located at 20505 W 12 Mile Road Southfield, MI.

What are key features of this property?

This property features: Office building with approximately 6,671 SF of space