Two-Story Office
25180 Lahser Rd Southfield, MI 48033
25180 Lahser Rd, Southfield, MI, 48033
Contact for pricing
For Sale
Contact for pricing
Two-story office building with conference rooms, executive offices, and open work areas plus extra parking and strong visibility.
Property Size9,288 SF
Price / SF$69.98
Days on Market65
Property Features for 25180 Lahser Rd
General Information
- Standard status
- Active
- Size
- 9,288 SF
- Property subtype
- Office
Building Details
- Year Built
- 1973
Listing agency
Signature Associates Southfield
(248) 948-4182
Listed by
Scott Elliott · License #6506044232
Source
Crexi
Added: May 19 Updated: Jul 22 at 2:10AM Checked: Jul 22 at 2:10AM
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 Southfield
Investment Insights
Based on property information with market context.
This two-story office building includes conference rooms, executive offices, and open office areas. The property is configured to support both private meetings and day-to-day workspace needs, with extra parking provided on site.
Access is described as fast to I-696 and Northwestern Highway, as well as Telegraph Road and the Southfield Freeway, with excellent visibility noted for the property.
Offered for sale, this is presented as a user-purchase opportunity for an organization seeking an office facility with a mix of enclosed offices and collaborative open space.
Access is described as fast to I-696 and Northwestern Highway, as well as Telegraph Road and the Southfield Freeway, with excellent visibility noted for the property.
Offered for sale, this is presented as a user-purchase opportunity for an organization seeking an office facility with a mix of enclosed offices and collaborative open space.
Key Highlights
- Two‑story office building built in 1973
- Conference rooms, executive offices, and open work areas
- Includes extra parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.7k | $6.00 |
| − Vacancy | −$13.1k | −$1.41 |
| EGI | $42.6k | $4.59 |
| − OpEx | −$10.7k | −$1.15 |
| NOI | $32.0k | $3.44 |
9,288 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$456.8K
$399.7K – $532.9K
NOI $31,974 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M
NOI $140,234 @ 7.0% cap · market cap 21.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story office building with conference rooms, executive offices, and open work areas plus extra parking and strong visibility.
Where is this office building located?
The property is located at 25180 Lahser Rd Southfield, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑story office building built in 1973; Conference rooms, executive offices, and open work areas; Includes extra parking
