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    300 Galleria Officentre Southfield, MI 48034

    For Sale
    Contact for pricing

    Southfield, MI Medical Office Building

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents two adjacent outlots totaling approximately two acres, ideally situated in Southfield, Michigan's thriving office submarket. The property, identified by APN 24-17-126-044, is zoned RC and offers unparalleled visibility along 12 Mile Road. Plans are in place for a 5,000 square foot building, suitable for retail, office, or medical use, perfectly aligning with the area's demand. The site boasts ample parking with 50 spaces available, ensuring convenient access for patients, clients, and staff. Located at 300 Galleria Officentre, Southfield, MI 48034 (42.4985442, -83.2922384), this property presents a rare chance to acquire prime real estate in a high-demand location. The individual outlots are each approximately one acre, providing flexibility for development or future expansion. This is a turnkey opportunity for investors seeking a strong return in a stable and growing market. The property's strategic location within Oakland County ensures easy access to major transportation routes and a robust local economy. This is an exceptional opportunity to acquire a high-visibility property with significant potential for growth and profitability. The proposed building's versatile design caters to a wide range of potential tenants, minimizing vacancy risk and maximizing rental income.

    Property Features for 300 Galleria Officentre

    General Information

    Property type
    Medical offices
    Square Feet
    5,000 SF
    Lot Size
    43,560 SF

    HighLights

    • Two available outparcels.
    • Each parcel is approximately one acre.
    • Proposed 5,000 SF building suitable for retail, office, or medical use.
    • High visibility from 12 Mile Road.
    • Excellent Southfield office submarket location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aludyne, Inc. Machining Manufacturer Sandler & Travis Trade ... Attorney Landstar Supply Chain ... Freight Forwarding Service XPO Logistics Freight Forwarding Service Motors Insurance Corporation Insurance Agency

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office 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
    -83.2922384
    Latitude
    42.4985442

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    FAQs

    What type of property is this?
    Medical office - Southfield, MI Medical Office Building
    Where is this medical office located?
    The property is located at 300 Galleria Officentre Southfield, MI.
    What are key features of this property?
    This property features: Two available outparcels.; Each parcel is approximately one acre.; Proposed 5,000 SF building suitable for retail, office, or medical use.
    Request Owner's contact information
    300 Galleria Officentre Southfield, MI 48034
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    Southfield, MI 48034
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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
    300 Galleria Officentre Southfield, MI 48034
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