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Property summary
The Centrum Officenter, a Class C office building in Southfield, Michigan, offers 235,048 square feet of executive office space. Located at 24901 Northwestern Hwy, 48075, this multi-tenant property sits on an 11.06-acre lot and boasts a prominent corner location at Northwestern Hwy and Evergreen Rd, with potential for monument signage. Currently, 59,613 square feet of space is available, divisible into units as small as 660 square feet and up to a contiguous 7,676 square feet. Built in 1970, the building provides convenient access to major thoroughfares, including M-10 and I-696. On-site amenities include a restaurant, sundry shop, 24/7 security, and property management. Ample parking is available with 1,275 surface parking spaces. The property is situated in the Southfield submarket of Oakland County.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Engineering Consultant
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Theater & Performing Art Venue
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Freight Service Logistics Company
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Child Welfare Organization Foster Care Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Southfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RC · Southfield, MIThe Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Southfield, MI.
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