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Renovated Office/Medical Building For Sale
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24725 Greenfield Rd, Southfield, MI 48034

Freestanding office/medical building with high visibility and freeway access.

Property Size4,836 SF
Days on Market168

Property Features for 24725 Greenfield Rd

General Information

Standard status Active
Size 4,836 SF
Class C
Property subtype Office/Medical

Building Details

Building Size 4,836 SF
Listing Agency: NAI Farbman
Listed By: Brad Margolis · License #6501371948
Source: Farbman
Added: May 7 Changed: Oct 2 Last Checked: Oct 20 at 5:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman

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Investment Insights

Based on property information with market context.

This recently renovated freestanding office/medical building offers notable visibility on Greenfield Road. Its location in Southfield provides access to major regional freeways and places it approximately 1.5 miles from Henry Ford Providence Southfield Hospital. The property is suited for medical users and professional office tenants. The building includes modernized common areas, updated finishes, and a layout designed to accommodate various medical and office configurations. On-site parking and frontage enhance convenience and visibility. The property is suitable for an owner-occupant, a medical practice seeking to establish or expand its presence near a major hospital system, or an investor. The building has a size of 4,836 square feet.

Key Highlights

  • Strategically located in the heart of Southfield with immediate access to major regional freeways.
  • Recently renovated freestanding office/medical building with modernized common areas and updated finishes.
  • Exceptional location for medical users, just 1.5 miles from Henry Ford Providence Southfield Hospital.

Property Analytics

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Current Use

Cheap Car Insurance Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Furniture & Home Goods Storage Facility Computer & Electronic Repair 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

659
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48034, MI

14,480
Population
8,634
Households
1.7
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
3,367
Density / Sq Mi
$59,634
Median Household Income
$40,068
Median Earnings
$1,275
Median Rent
$259,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Dworkis Dog & Cat Hospital — 15555 W 10 Mile Rd, Southfield, MI 48075

Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding office/medical building with high visibility and freeway access.
Where is this medical office space located?
The property is located at 24725 Greenfield Rd Southfield, MI.
What are key features of this property?
This property features: Strategically located in the heart of Southfield with immediate access to major regional freeways.; Recently renovated freestanding office/medical building with modernized common areas and updated finishes.; Exceptional location for medical users, just 1.5 miles from Henry Ford Providence Southfield Hospital.
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