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    24333 Southfield Rd Southfield, MI 48075

    Sponsored
    For Sale
    Contact for pricing

    Executive Suites, 15,028 SF, Net Lease

    Property size:
    15,028 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 15,028-square-foot executive office space, located at 24333 Southfield Road in Southfield, Michigan, presents a compelling investment opportunity. The property, known as Regency Office Plaza, is a Class C, two-story building constructed in 1968, situated on a 0.66-acre lot. The building features 70 parking spaces and is zoned OS. This multi-tenant property offers a variety of office spaces available for lease under a gross lease agreement, meaning utilities, CAM, property insurance, and property taxes are included in the lease rate. The convenient location offers excellent access to major thoroughfares, being just north of M-10 and south of I-696, ensuring easy commutes for employees and clients. The property's APN is 2426279013. Interested parties should inquire about the building's sale price. This is a prime opportunity for businesses seeking a well-located, all-inclusive office space in a thriving area of Oakland County. The property consists of one building and offers a total of 15,028 square feet of leasable space.

    Property Features for 24333 Southfield Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    15,028 SF
    Class
    C
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1968
    Buildings
    1
    Stories
    2

    HighLights

    • Excellent location, north of M‑10 and south of I‑696.
    • Various office spaces available for lease.
    • Lease includes utilities, CAM, property insurance, and property taxes.
    • Contact broker for building sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Genuinely Braided LLC Beauty Salon Pinnacle Mobile Phlebotomy Laboratory Joe C Painting ... Painter Amánti Beauty Lash ... Beauty Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -83.221160722144
    Latitude
    42.46798789442

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 15,028 SF, Net Lease
    Where is this office property / space located?
    The property is located at 24333 Southfield Rd Southfield, MI.
    What are key features of this property?
    This property features: Excellent location, north of M-10 and south of I-696.; Various office spaces available for lease.; Lease includes utilities, CAM, property insurance, and property taxes.
    Request Owner's contact information
    24333 Southfield 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
    24333 Southfield Rd Southfield, MI 48075
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