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Southfield Freestanding Office/Medical Building

24725 Greenfield Rd, Southfield, MI 48075

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For Sale

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Renovated office/medical building near Henry Ford Providence Southfield Hospital.

Type:Office

Property size:

4,836 SF

Price / SF:

$164/SF

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Contact for Pricing

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and status of this listing

Steve Gordon

Real Estate License ID: MI 6502134760

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.
Located 1.5 miles from Henry Ford Providence Southfield Hospital, ideal for medical users.
Well‑designed layout suitable for a variety of medical and office configurations.
Ample on‑site parking for patients, clients, and staff.
Strong frontage providing excellent visibility along Greenfield Road.

For Sale

Contact for pricing

Renovated office/medical building near Henry Ford Providence Southfield Hospital.

Type:Office

Property size:

4,836 SF

Price / SF:

$164/SF

Added:: Mar 14, 2026
Days on Market:: 115
Last Refresh:: Mar 19 at 11:23 pm

Property Features for 24725 Greenfield Rd

General Information

Standard status: Active
Size: 4,836 SF
Property subtype: Office

Building Details

Year Built: 1966

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Contact an agent

Steve Gordon

Listing office Signature Associates

Listing date Mar 14, 2026

Source Crexi

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 Signature Associates

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.
Located 1.5 miles from Henry Ford Providence Southfield Hospital, ideal for medical users.
Well‑designed layout suitable for a variety of medical and office configurations.
Ample on‑site parking for patients, clients, and staff.
Strong frontage providing excellent visibility along Greenfield Road.

Overview

This recently renovated freestanding office/medical building offers visibility on Greenfield Road in Southfield. The property is strategically located with access to major regional freeways and is 1.5 miles from Henry Ford Providence Southfield Hospital. The 4,836-square-foot building features modernized common areas, updated finishes, and a layout suitable for medical and office configurations. Ample on-site parking and frontage provide convenience and visibility. This property is suitable for an owner-occupant, a medical practice, or an investor.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$121.9k	$25.20
− Vacancy	−$12.8k	−$2.65
EGI	$109.1k	$22.55
− OpEx	−$43.6k	−$9.02
NOI	$65.4k	$13.53

4,836 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$934.9K

$818.0K – $1.09M (±1% cap)

NOI $65,443 @ 7.0% cap · market cap 8.23%

Second Best

Office B

$237.8K

$208.1K – $277.5K (±1% cap)

NOI $16,648 @ 7.0% cap · market cap 2.09%

Theoretical Best

Specialty Retail

$1.04M

$912.7K – $1.22M (±1% cap)

NOI $73,016 @ 7.0% cap · market cap 9.18%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Cheap Car Insurance Insurance Agency

Suggested Use

Similar Places Nearby

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

Location Insight

Map
Local Demand

City: Southfield
County: Oakland
State: Michigan
Longitude: -83.2020775
Latitude: 42.4722935

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For sale
Medical Office Space
MI
Southfield
48075
24725 Greenfield Rd

What type of property is this?

Medical Office Space - Renovated office/medical building near Henry Ford Providence Southfield Hospital.

Where is this medical office space located?

The property is located at 24725 Greenfield Rd Southfield, MI.

What is the asking price?

The asking price for this property is $795,000.

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.; Located 1.5 miles from Henry Ford Providence Southfield Hospital, ideal for medical users.