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    21751 11 Mile Rd Southfield, MI 48076

    Sponsored
    For Sale
    $3,250,000

    Five-building office complex, prime location

    Property size:
    31,189 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a portfolio of five office buildings totaling 31,189 square feet, ideally situated in Southfield, Michigan. The property, located at 21681, 21701, 21721, and 21751 West Eleven Mile Road, is zoned OS - Office Services and sits on a 2.81-acre lot. The buildings, constructed in 1967, feature a two-story design and boast a diverse range of sizes, including one building of 17,652 square feet, another of 1,464 square feet, a third of 3,945 square feet, and a fourth of 8,128 square feet. The property is served by city water and sewer. This multi-building portfolio is perfect for investors seeking a diverse range of income streams or a large-scale office presence in a highly desirable location. The asking price for this exceptional Southfield, MI property is $3,250,000, representing a price per square foot of $104.20. The property's location in Oakland County offers excellent access to major transportation routes and amenities. Detailed building plans and further information are available upon request. This is a rare opportunity to acquire a substantial office portfolio in a thriving market. The property's diverse building sizes offer flexibility for a variety of tenants or uses. The parcel numbers are 24-22-101-013; 011; 015; 016.

    Property Features for 21751 11 Mile Rd

    General Information

    Property type
    Medical offices
    Square Feet
    31,189 SF
    Lot Size
    122,404 SF

    Building Details

    Year Built
    1967
    Buildings
    5
    Stories
    2

    HighLights

    • $3,250,000 asking price for a 31,189 SF office portfolio.
    • Five buildings totaling 31,189 square feet.
    • $104.20 per square foot.
    • Built in 1967, two stories.
    • OS - Office Services zoning.
    • 2.81‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    A'Maries Skin Bar Day Spa Dr. Richard L. ... Psychiatrist The Forgiveness Centers Counselor Iskander, Nazih MD ... Acupuncturist Metro Pain Clinic ... Pain Control Clinic

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm 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
    -83.2593712
    Latitude
    42.4866178

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    FAQs

    What type of property is this?
    Medical office - Five-building office complex, prime location
    Where is this medical office located?
    The property is located at 21751 11 Mile Rd Southfield, MI.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: $3,250,000 asking price for a 31,189 SF office portfolio.; Five buildings totaling 31,189 square feet.; $104.20 per square foot.
    Request Owner's contact information
    21751 11 Mile Rd Southfield, MI 48076
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    Southfield, MI 48076
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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
    21751 11 Mile Rd Southfield, MI 48076
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