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    18000 Eight Mile Rd Southfield, MI 48075

    Sponsored
    For Sale
    Contact for pricing

    36,000 SF Office Space, High Visibility

    Property size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 36,000 square foot redevelopment opportunity in Southfield, Michigan, presents a unique investment prospect. Located at 18000 Eight Mile Road, this property boasts a highly desirable location with exceptional visibility from Southfield Highway and Eight Mile Road, experiencing over 250,000 vehicles daily. Its flexible zoning allows for diverse uses including office, medical services, educational facilities, data centers, retail, flex space, and laboratory space, catering to a wide range of potential tenants. The building's central location within Oakland and Wayne counties, and its proximity to the Detroit Metropolitan area, ensures convenient access for employees and clients. Strategic access to major roadways, including Southfield Highway, M-10, I-696, I-96, I-75, and I-275, further enhances its appeal. The property also includes a backup generator, providing reliable power and minimizing downtime. This prime location and versatile zoning make this a compelling investment for those seeking a high-impact redevelopment project in a thriving metropolitan area. The property is situated in Southfield, Oakland County, Michigan, with a zip code of 48075.

    Property Features for 18000 Eight Mile Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    36,000 SF

    HighLights

    • 36,000 SF mixed‑use redevelopment opportunity in Southfield, MI.
    • High‑visibility location on Southfield Highway and Eight Mile Road, with over 250,000 cars passing daily.
    • Central location serving Oakland and Wayne Counties, and the greater Detroit metro area.
    • Excellent freeway access via Southfield Freeway (M‑10), I‑696, I‑96, I‑75, and I‑275.
    • Features a backup generator.
    • Broker protected listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -83.2185599
    Latitude
    42.4449364

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    FAQs

    What type of property is this?
    Specialty property - 36,000 SF Office Space, High Visibility
    Where is this specialty property located?
    The property is located at 18000 Eight Mile Rd Southfield, MI.
    What are key features of this property?
    This property features: 36,000 SF mixed-use redevelopment opportunity in Southfield, MI.; High-visibility location on Southfield Highway and Eight Mile Road, with over 250,000 cars passing daily.; Central location serving Oakland and Wayne Counties, and the greater Detroit metro area.
    Request Owner's contact information
    18000 Eight Mile 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
    18000 Eight Mile Rd Southfield, MI 48075
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