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    Nine Mile Rd Southfield, MI 48075

    Sponsored
    For Sale
    Contact for pricing

    Prime 2+ acre retail site, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel, spanning approximately 70,000 to 90,000 square feet, presents a unique investment opportunity in Southfield, Michigan. Located on West Nine Mile Road in Oakland County, this property boasts unparalleled visibility and accessibility. Its strategic location neighbors the IBM Southfield Centre Headquarters, providing immediate proximity to a significant employment center and high traffic volume. The site enjoys easy access to major thoroughfares including the Lodge Freeway and Southfield Freeway, ensuring convenient transportation for both employees and customers. Further enhancing its appeal, the property is situated on a SMART Bus line, providing convenient public transportation access. Zoned RC (Regional Center), this land is ideal for mixed-use development, catering to a variety of commercial needs, from retail to entertainment. The property's proximity to Oakland Community College (within walking distance), Lawrence Technological University (2.3 miles), and other amenities such as a Holiday Inn Express (2 miles) and Civic Center Park (1.8 miles) further strengthens its potential. The seller is open to financing options and build-to-suit opportunities, making this a highly attractive proposition for developers and investors seeking a prime location in a thriving commercial area. This is a rare chance to acquire a significant parcel of land in a high-demand location with excellent visibility and accessibility.

    Property Features for 0 Nine Mile Rd

    General Information

    Property type
    Land

    HighLights

    • 70,000‑90,000 SF commercial land parcel in Southfield, MI.
    • High visibility location on West Nine Mile Road, Oakland County, near IBM Southfield Centre.
    • Excellent access to Lodge & Southfield Freeways and SMART bus line.
    • RC zoning allows for mixed‑use development.
    • Proximity to Oakland Community College, Lawrence Tech, and other amenities.
    • Seller financing and build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.216312959723
    Latitude
    42.458889114696

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    FAQs

    What type of property is this?
    Land - Prime 2+ acre retail site, high visibility.
    Where is this land located?
    The property is located at Nine Mile Rd Southfield, MI.
    What are key features of this property?
    This property features: 70,000-90,000 SF commercial land parcel in Southfield, MI.; High visibility location on West Nine Mile Road, Oakland County, near IBM Southfield Centre.; Excellent access to Lodge & Southfield Freeways and SMART bus line.
    Request Owner's contact information
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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
    Nine Mile Rd Southfield, MI 48075
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