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    21840 Nine Mile Rd Southfield, MI 48075

    Sponsored
    For Sale
    Contact for pricing

    Prime Office Space, Owner/User Opportunity

    Property size:
    21,630 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21,630-square-foot executive office building presents a rare owner/user opportunity in the highly desirable Southfield, Michigan market. Located at 21840 W Nine Mile Rd, this property boasts prime commercial exposure with fantastic visibility on a major thoroughfare. The building offers abundant parking, ensuring convenient access for employees and clients. Smooth ingress and egress contribute to a seamless operational experience. The strategic location provides easy access to the region's major freeways, connecting businesses to the broader metropolitan area. Furthermore, the property is situated near a variety of restaurants and retail amenities, enhancing convenience and attracting a diverse workforce. This offering represents a significant investment opportunity, priced substantially below replacement cost. The building's size and features make it ideal for a company seeking to establish a substantial presence in a thriving commercial hub. The long-term tenant in place adds to the investment's stability and potential for future growth. This is a unique chance to acquire a well-located, high-quality office building in a sought-after area of Oakland County, Michigan, with a zip code of 48075. Don't miss this chance to own a piece of Southfield's thriving commercial landscape.

    Property Features for 21840 Nine Mile Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,630 SF

    HighLights

    • 21,630 SF executive office building in Southfield, MI.
    • Abundant on‑site parking.
    • Excellent ingress/egress.
    • High visibility on W Nine Mile Rd.
    • Convenient to restaurants and retail.
    • Rare owner‑user opportunity.
    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
    -83.258713
    Latitude
    42.4583106

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Owner/User Opportunity
    Where is this office property / space located?
    The property is located at 21840 Nine Mile Rd Southfield, MI.
    What are key features of this property?
    This property features: 21,630 SF executive office building in Southfield, MI.; Abundant on-site parking.; Excellent ingress/egress.
    (248) 351-4367
    Request Owner's contact information
    21840 Nine 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
    21840 Nine Mile Rd Southfield, MI 48075
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