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    Northwestern Hwy Southfield, MI 48033

    Sponsored
    For Sale
    Contact for pricing

    Prime Southfield location, high traffic, B-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.2-acre commercial land parcel presents a unique investment opportunity in the heart of Oakland County, Michigan. Strategically located in Southfield, MI, 48033, this property boasts a highly desirable B-3 General Business zoning, allowing for a wide range of development possibilities. The site offers excellent visibility and accessibility with 450 feet of frontage on Northwestern Highway and an additional 200 feet of frontage on 12 Mile Road. This prime location benefits from a dense population, strong local incomes, and exceptionally high traffic volume, ensuring significant potential for future growth and return on investment. The property is available for land lease, build-to-suit opportunities, or outright sale, providing flexibility to suit various development plans. Its convenient access to major freeways further enhances its appeal and strategic value. This is an exceptional opportunity to acquire a substantial commercial land parcel in a thriving Michigan market. The property is situated at the intersection of Northwestern Highway and 12 Mile Road in Southfield, Oakland County.

    Property Features for 0 Northwestern Hwy

    General Information

    Property type
    Land
    Lot Size
    270,072 SF

    HighLights

    • Prime Oakland County location.
    • High‑density, affluent population with significant traffic counts.
    • Land lease, build‑to‑suit, or sale options available.
    • 6.2‑acre parcel.
    • B‑3 General Business zoning.
    • 450' of frontage on Northwestern Hwy and 200' of frontage on 12 Mile Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2682445
    Latitude
    42.4841124

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    FAQs

    What type of property is this?
    Land - Prime Southfield location, high traffic, B-3 zoning.
    Where is this land located?
    The property is located at Northwestern Hwy Southfield, MI.
    What are key features of this property?
    This property features: Prime Oakland County location.; High-density, affluent population with significant traffic counts.; Land lease, build-to-suit, or sale options available.
    (248) 353-0500
    Request Owner's contact information
    Northwestern Hwy Southfield, MI 48033
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    Southfield, MI 48033
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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
    Northwestern Hwy Southfield, MI 48033
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