Southfield Office Building Investment
For Sale
$899,900
28475 Greenfield Road, Southfield, MI 48076
32-suite office building in Southfield with strong cash flow.
Property Size7,000 SF
Price / SF$128.56
Days on Market103
Property Features for 28475 Greenfield Road
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Lease Term
Cash
Building Details
Building Size
7,000 SF
Year Built
1968
Listing Agency:
Keller Williams Paint Creek
(248) 979-3466
Listed By:
Justin Zehel · License #6501397844
(248) 979-3466
Source:
Sabudarealty
Added: May 13
Changed: Aug 23
Last Checked: Aug 23 at 10:28AM
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 Keller Williams Paint Creek
Investment Insights
Based on property information with market context.
This 32-suite office building is located in Southfield. Currently, 30 of the 32 suites are occupied, providing stable cash flow with long-term tenants. The property features hardwood finishes throughout. The roof and windows are in excellent condition. Two vacant suites offer additional income potential. The property generates a 9% cap rate. The walk score is 58, indicating that the location is somewhat walkable. The bike score is 44, indicating that the location is somewhat bikeable.
Key Highlights
- Strong and stable cash flow from 30 of 32 occupied suites with long‑term tenants.
- Impressive 9% cap rate, indicating a high return on investment.
- Located in the highly desirable city of Southfield.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Demographics for 48076, MI
26,062
Population
11,016
Households
2.4
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
3,671
Density / Sq Mi
$85,171
Median Household Income
$50,210
Median Earnings
$1,451
Median Rent
$251,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 32-suite office building in Southfield with strong cash flow.
Where is this office building located?
The property is located at 28475 Greenfield Road Southfield, MI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Strong and stable cash flow from 30 of 32 occupied suites with long‑term tenants.; Impressive 9% cap rate, indicating a high return on investment.; Located in the highly desirable city of Southfield.
