Building Details

Year Built 1985

Year Renovated 2006

Buildings 7

Tenancy Multi

Listing Agency: Friedman Real Estate

Listed By: Robert Moon · License #MI

Source: Crexi

Added: Oct 21, 2021 Changed: Aug 14 Last Checked: Aug 20 at 4:50AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate

Investment Insights

Based on property information with market context.

This commercial real estate property is an office building located in Southfield, Michigan. The property offers 41,128 square feet of space and is available for sale.

Key Highlights

• For sale
• Year Built: 1985

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

883

Businesses Nearby

Explore this area Business Placement

Demographics for 48034, MI

14,480

Population

8,634

Households

1.7

Avg Household Size

43

Median Age

40%

College-Educated

96%

High-School Grad

4.3 sq mi

ZIP Area

3,367

Density / Sq Mi

$59,634

Median Household Income

$40,068

Median Earnings

$1,275

Median Rent

$259,400

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Two-Story Professional Office Building

17000 W 12 Mile Rd, Southfield, MI 48076

$799,999

8,400 SF

View details

Flex-Retail Building with Rear Door

24061 - 24063 W. 10 Mile Road, Southfield, MI 48033

$899,000

5,767 SF

View details

Multi-Tenant Office Building

22777 W Eleven Mile Rd, Southfield, MI 48033

$1,700,000

31,638 SF

View details

Two-Story Renovated Office Building

18500 W 12 Mile Rd, Southfield, MI 48076

$750,000

5,898 SF

View details

Single-Tenant Medical Office Building

20180 W 12 Mile Rd, Southfield, MI 48076

$2,000,000

9,052 SF

View details

Freestanding Burger King NNN

26211 W 12 Mile Rd, Southfield, MI 48034

$2,007,296

3,501 SF

View details

Multi-Suite Office Building

28475 Greenfield Road Unit SourceFi, Southfield, MI 48076

$899,900

7,000 SF

View details

Office Units with Conference Room

25415 Southfield Rd, Southfield, MI 48075

$450,000

2,400 SF

View details

Outlet and Liquidation Retail Space

1234 Oak Glen Dr, Southfield, MI 48033

$125,000

8,000 SF

View details

Multi-Tenant Office Building

25625 Southfield Rd, Southfield, MI 48075

$825,000

11,000 SF

View details

Garden-Style Apartment Community

15925 W 11 Mile Rd, Southfield, MI 48076

$1,375,000

7,600 SF

View details

Southfield Office Building For Sale

24700 West Eleven Mile Road, Southfield, MI 48034

$625,000

15,580 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - Office building with 41,128 square feet available for sale.

Where is this office building located?

The property is located at 27650-27778 Franklin Road Southfield, MI.

What are key features of this property?

This property features: For sale; Year Built: 1985