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    18000 Eight Mile Rd Southfield, MI 48075

    Sponsored
    For Lease
    $10 SF/Yr

    36,000 SF Office Building, Flexible Zoning

    Lot size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 36,000-square-foot office building, located at 18000 Eight Mile Rd, Southfield, MI 48075, presents a unique investment opportunity. Built in 1969 and extensively renovated in 2024, the property boasts a Class C designation and offers flexible zoning ideal for a variety of uses, including traditional office, medical office, and creative office spaces. The building is divisible to a minimum of 1,500 square feet, with five spaces currently available, ranging from 200 to 12,000 square feet. Its prime location at the intersection of Southfield Highway and Eight Mile Road ensures high visibility, with over 250,000 vehicles passing daily. The property benefits from its central location within the Oakland and Wayne county region, providing easy access to the entire Detroit Metropolitan area. Convenient access to major freeways, including Southfield Highway, M-10, I-696, I-96, I-75, and I-275, further enhances its appeal. The building is equipped with a backup generator, ensuring business continuity. This versatile property is perfectly suited for businesses seeking a well-maintained, conveniently located, and adaptable office space in a thriving metropolitan area. Contact us today to learn more about this exciting opportunity.

    Property Features for 18000 Eight Mile Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,000 SF
    Class
    C
    Total Rate
    30000

    Building Details

    Year Built/Renovated
    1969/2024
    Stories
    3

    Unit(s) available at that property

    Space
    250
    Size
    5,500 SF
    Rate per SF
    $12
    Space
    Suite 220
    Size
    350 SF
    Rate per SF
    $12
    Space
    Suite 310
    Size
    2,800 SF
    Rate per SF
    $12
    Space
    320
    Size
    12,000 SF
    Rate per SF
    $12
    Space
    201
    Size
    2,000 SF
    Rate per SF
    $12

    HighLights

    • 36,000 SF, three‑story Class C office building at 18000 Eight Mile Rd, Southfield, MI 48075, extensively renovated in 2024.
    • Flexible zoning allows for office, medical, and creative uses.
    • High‑visibility location at Southfield Highway and Eight Mile Road, with over 250,000 vehicles passing daily.
    • Excellent access to major freeways (Southfield Hwy, M‑10, I‑696, I‑96, I‑75, I‑275), serving Oakland and Wayne counties and the entire Detroit metro area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -83.21855605
    Latitude
    42.44475296

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    FAQs

    What type of property is this?
    Office space - 36,000 SF Office Building, Flexible Zoning
    Where is this office space located?
    The property is located at 18000 Eight Mile Rd Southfield, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 36,000 SF, three-story Class C office building at 18000 Eight Mile Rd, Southfield, MI 48075, extensively renovated in 2024.; Flexible zoning allows for office, medical, and creative uses.; High-visibility location at Southfield Highway and Eight Mile Road, with over 250,000 vehicles passing daily.
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    18000 Eight Mile Rd 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
    18000 Eight Mile Rd Southfield, MI 48075
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