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    Former Dental Office Building Title is generated by Realmo AI

    27445 SOUTHFIELD RD, Lathrup Village, MI 48076

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    Former dental office with rear parking and monument signage along a high-visibility Southfield Road corridor.

    Type:Office
    Property size:
    1,552 SF
    Price / SF:
    $170/SF
    Added:
    Jun 2, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 5:42 am

    Property Features for 27445 SOUTHFIELD RD

    General Information

    Standard status
    Active
    Size
    1,552 SF
    Property subtype
    Office

    Building Details

    Year Built
    1981

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    Listing Contact
    Nick Zagar

    Listing agent Nick Zagar License #6502374102

    Listing office Mirlo Real Estate Partners

    Listing date Jun 2, 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 Mirlo Real Estate Partners

    HighLights

    • 1,520 SF former dental building built in 1981
    • Located on Southfield Road in Lathrup Village frontage, between W 11 Mile Rd and W 12 Mile Rd
    • Monument sign on Southfield Road for on‑corridor visibility
    • Dedicated rear parking included
    • Easy highway access via I‑696
    • Former dental and healthcare occupancy history spanning decades

    Overview

    This former dental building offers approximately 1,520 square feet of space configured for healthcare or related professional uses. The property has a history of dental and healthcare occupancy spanning decades and is being offered for sale in its current condition. A monument sign on Southfield Road supports identity and street-level recognition.

    The building is located in Lathrup Village along Southfield Road between W 11 Mile Rd and W 12 Mile Rd. Highway access is described as easy via I-696, and the listing notes a drive time of about 20 minutes to Downtown Detroit. The site includes dedicated rear parking for convenient on-site access.

    For an owner-operator or investor, the layout and established healthcare history may fit a dental specialist or healthcare provider seeking a visible presence on a well-established commercial corridor. The combination of Southfield Road frontage, monument signage, and dedicated rear parking can support day-to-day patient or client access, while the offering price is described as reflecting the property’s current condition.

    Local Financial Insights For Healthcare Medical

    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 $39.1k $25.20
    − Vacancy −$4.1k −$2.65
    EGI $35.0k $22.55
    − OpEx −$14.0k −$9.02
    NOI $21.0k $13.53
    1,552 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $300.0K
    $262.5K – $350.0K (±1% cap)
    NOI $21,002 @ 7.0% cap · market cap 7.93%
    Second Best
    Office B
    $76.3K
    $66.8K – $89.1K (±1% cap)
    NOI $5,343 @ 7.0% cap · market cap 2.02%
    Theoretical Best
    Specialty Retail
    $334.8K
    $292.9K – $390.6K (±1% cap)
    NOI $23,433 @ 7.0% cap · market cap 8.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • 9 Tel Animal Hospital — 17630 W 12 Mile Rd, Southfield, MI 48076
    • North Branch Animal Hospital — 17630 W 12 Mile Rd, Southfield, MI 48076

    Location Insight

    • Map
    • Local Demand
    City
    Lathrup Village
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2225333
    Latitude
    42.4916594

    FAQs

    What type of property is this?
    Medical Office Space - Former dental office with rear parking and monument signage along a high-visibility Southfield Road corridor.
    Where is this medical office space located?
    The property is located at 27445 SOUTHFIELD RD Lathrup Village, MI.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: 1,520 SF former dental building built in 1981; Located on Southfield Road in Lathrup Village frontage, between W 11 Mile Rd and W 12 Mile Rd; Monument sign on Southfield Road for on‑corridor visibility
    More about this property
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