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    24370 Northwestern Hwy Southfield, MI 48075

    Sponsored
    For Lease
    $10 SF/Yr ($20,000 /Mo)

    Modern Office Space, 8,000 SF Units

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Southfield, Michigan office property, located at 24370 Northwestern Highway, offers 24,000 square feet of prime office space available for lease. Built in 1968 and extensively renovated in 2013, the building provides a blend of classic charm and modern functionality. The property is zoned OS and features a convenient multiple tenancy structure, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 8,000 square feet. Currently, the entire 24,000 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. Ample parking is available with 100 spaces on-site. The property's Oakland County location, with an APN of 24-26-177-016, offers easy access to major transportation routes and amenities. This versatile space is ideal for businesses seeking executive office suites or coworking arrangements, providing a professional and efficient environment for their operations. The property's modern design and convenient location make it an attractive option for a variety of businesses. The zip code is 48075.

    Property Features for 24370 Northwestern Hwy

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    20000

    Building Details

    Year Built/Renovated
    1968/2013

    Unit(s) available at that property

    Space
    Suite 1st Floor
    Size
    8,000 SF
    Rate per SF
    $10

    HighLights

    • 16,000 square feet of available space
    • Recently renovated suite
    • Ample on‑site parking
    • Excellent freeway access
    • ADA compliant
    • Individual HVAC units
    Property Profile Location Intelligence

    Current Use by Public Records

    Knight Drugs Pharmacy Mortgage Builder Mortgage Lender Party Layne Event Planner Law Offices of Joumana ... Law Firm The Business Loan Connection Mortgage Lender

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.234666
    Latitude
    42.4684663

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    FAQs

    What type of property is this?
    Coworking space - Modern Office Space, 8,000 SF Units
    Where is this coworking space located?
    The property is located at 24370 Northwestern Hwy Southfield, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 16,000 square feet of available space; Recently renovated suite; Ample on-site parking
    Request Owner's contact information
    24370 Northwestern Hwy Southfield, MI 48075
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    Southfield, MI 48075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24370 Northwestern Hwy Southfield, MI 48075
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