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    26711 Northwestern Hwy Southfield, MI 48033

    For Sale
    $9,300,000

    137,476 SF Office, High NOI, MI

    Property size:
    137,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 137,476 square foot executive office building, located at 26711 Northwestern Highway in Southfield, Michigan, presents a compelling investment opportunity. Built in 1969 and extensively renovated in 2012, the property boasts a strong net operating income (NOI) of $658,000 and a current occupancy rate of 73%. Situated on a 6.49-acre lot, the building offers ample surface parking with a ratio of 4 spaces per 1,000 square feet. The property features a full-service café and sundry shop on the first floor, along with brand new conference facilities available at no cost to tenants. A significant advantage is the availability of 46,000 square feet of contiguous space, encompassing two full floors, ideal for a large tenant seeking high visibility with prominent building façade signage opportunities. The property is zoned OS and enjoys convenient access to major thoroughfares including I-696, US-10, the Southfield Expressway, and Telegraph Road. The asking price is $9,300,000, and assumable debt is acceptable. This is a rare opportunity to acquire a well-maintained, high-performing office building in a prime Southfield location. The APN is 2421202023.

    Property Features for 26711 Northwestern Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    137,476 SF
    Lot Size
    282,704 SF

    Building Details

    Year Built/Renovated
    1969/2012

    HighLights

    • 137,476 SF office/high‑tech building.
    • Recently renovated interior and exterior.
    • Net Operating Income (NOI) of $658,000.
    • 73% occupancy.
    • Assumable financing available.
    • On‑site café and sundry shop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Huron Law Group Attorney Alberici Constructors Construction Company Five Lakes Law ... Law Firm Kevin Fantich Pharmacy Guardian Alarm Security System Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2651519
    Latitude
    42.4825986

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    FAQs

    What type of property is this?
    Office Property / Space - 137,476 SF Office, High NOI, MI
    Where is this office property / space located?
    The property is located at 26711 Northwestern Hwy Southfield, MI.
    What is the asking price?
    The asking price for this property is $9,300,000.
    What are key features of this property?
    This property features: 137,476 SF office/high-tech building.; Recently renovated interior and exterior.; Net Operating Income (NOI) of $658,000.
    (248) 848-3511
    Request Owner's contact information
    26711 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
    26711 Northwestern Hwy Southfield, MI 48033
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