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    26060 Southfield Rd Lathrup Village, MI 48076

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    For Sale
    Contact for pricing

    Prime Office Space, Multi-Tenant Available

    Property size:
    15,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional multi-tenant office building, located at 26060 Southfield Road in Lathrup Village, Michigan, presents a unique investment opportunity. The 15,492 square foot building, constructed in 1966 and renovated in 2000, is classified as Class C and sits on a 0.65-acre lot. The property offers a net rentable area of 5,733 square feet, currently available for lease or sale. Suites ranging from 2,553 to 5,733 square feet are available, each with convenient direct parking lot access. The building is ideally situated with direct access to Southfield Road, providing immediate access to major thoroughfares including I-696, I-75, and M-10. This prime location offers exceptional visibility and convenient access to numerous retail amenities and dining options. The property is under new ownership and professional management, ensuring a smooth and efficient experience for tenants. The building is suitable for a variety of uses, including medical, professional office, or retail spaces. With ample parking (2.01 spaces), this property offers a compelling combination of location, size, and functionality. The building's zoning and specific lease terms are available upon request. This is an excellent opportunity to secure a well-located and versatile office space in a thriving area.

    Property Features for 26060 Southfield Rd

    General Information

    Property type
    Medical offices
    Square Feet
    15,492 SF
    Class
    C
    Lot Size
    28,314 SF

    Building Details

    Year Built/Renovated
    1966/2000

    HighLights

    • 15,492 SF multi‑tenant office building on a 0.65‑acre lot in Lathrup Village, MI.
    • Class C building, built in 1966, renovated in 2000, with 5,733 RSF currently available for lease or sale.
    • Suites range from 2,553 to 5,733 SF, each with direct parking access.
    • Excellent location with direct access to Southfield Road, I‑696, I‑75, and M‑10, offering high visibility and proximity to amenities.
    • Ample parking (2.01 spaces per 1,000 SF) and suitable for various uses including medical, professional office, or retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lathrup Village
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2209267
    Latitude
    42.4811682

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Medical office - Prime Office Space, Multi-Tenant Available
    Where is this medical office located?
    The property is located at 26060 Southfield Rd Lathrup Village, MI.
    What are key features of this property?
    This property features: 15,492 SF multi-tenant office building on a 0.65-acre lot in Lathrup Village, MI.; Class C building, built in 1966, renovated in 2000, with 5,733 RSF currently available for lease or sale.; Suites range from 2,553 to 5,733 SF, each with direct parking access.
    Request Owner's contact information
    26060 Southfield Rd Lathrup Village, MI 48076
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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
    26060 Southfield Rd Lathrup Village, MI 48076
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