Property profile

26245 Southfield Rd Lathrup Village, MI 48076

OFF-MARKET
Office Spaces
8,485 SF Built 1970
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Property summary

AI-generated overview

This exceptional single-tenant medical office building, located at 26245 Southfield Rd in Lathrup Village, Michigan, presents a unique investment opportunity. The property boasts a total of 8,485 square feet, with 2,640 square feet currently available for lease. Built in 1970, the building sits on a generous 1.5-acre lot, providing ample space and potential for expansion. The property is zoned OS and is conveniently located in Oakland County, Michigan, with a zip code of 48076. The building offers approximately 3.8 parking spaces, ensuring convenient access for patients and staff. The existing tenant occupies the remaining space, creating a stable and established environment. This property is ideal for a medical practice seeking a well-maintained, established location in a thriving community. The building's size and location make it suitable for a variety of medical specialties. The available space offers the opportunity to establish or expand a medical practice in a prime location with excellent visibility and accessibility. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile

Verified
Property type Office Spaces
Year built 1970
Total area 8,485 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Alternative Medicine Practice
  • Physician

Location

26245 Southfield Rd Lathrup Village, MI 48076
Lathrup Village metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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