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    24725 Greenfield Rd Southfield, MI 48075

    Sponsored
    For Sale
    $1,199,999

    Prime location, 4,836 sq ft, vacant, move-in ready.

    Property size:
    4,836 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office building, located at 24725 Greenfield Rd in Southfield, Michigan, presents a unique investment opportunity. The 4,836 square foot, single-story building, constructed in 1966 and extensively renovated in 2924, offers a versatile space suitable for traditional office, medical, or creative office uses. Currently vacant, this property is move-in ready, boasting great finishes throughout and an exceptional layout ideal for various professional needs. The building features ample parking with 27 spaces, providing convenient access for staff and clients. Its prime location offers immediate access to M-696 and is in close proximity to Troy Beaumont and Southfield Ascension Providence Hospital, ensuring high visibility and accessibility. The asking price is $1,199,999, translating to $248.14 per square foot. This brick, stand-alone building represents a strong investment in a thriving Southfield location. The property is privately owned and sits on a single building, one-story structure within Oakland County, zip code 48075. This is a rare opportunity to acquire a well-maintained, centrally located office building with significant potential.

    Property Features for 24725 Greenfield Rd

    General Information

    Property type
    Office space
    Square Feet
    4,836 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1966/2924
    Buildings
    1
    Stories
    1

    HighLights

    • $1,199,999 asking price for a vacant, Class A office building.
    • 4,836 square feet, priced at $248.14 per square foot.
    • Located at 24725 Greenfield Rd, Southfield, MI 48075.
    • One‑story, 1966‑built building with 27 parking spaces.
    • Suitable for traditional, medical, or creative office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cheap Car Insurance Auto Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -83.2020079
    Latitude
    42.4722777

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    FAQs

    What type of property is this?
    Office space - Prime location, 4,836 sq ft, vacant, move-in ready.
    Where is this office space located?
    The property is located at 24725 Greenfield Rd Southfield, MI.
    What is the asking price?
    The asking price for this property is $1,199,999.
    What are key features of this property?
    This property features: $1,199,999 asking price for a vacant, Class A office building.; 4,836 square feet, priced at $248.14 per square foot.; Located at 24725 Greenfield Rd, Southfield, MI 48075.
    Request Owner's contact information
    24725 Greenfield 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
    24725 Greenfield Rd Southfield, MI 48075
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