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Property profile & analytics
OFF-MARKET
Office Spaces

27650-27778 Franklin Rd Southfield, MI 48034

41,128 SF 6.7 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 41,128 square foot multi-tenant office and medical complex, known as Regency Office & Medical Park, presents a unique investment opportunity in Southfield, Michigan. Located at 27650-27778 Franklin Road, this property boasts seven buildings situated on a 6.7-acre lot, offering ample space for a variety of uses. Built in 1985 and extensively renovated in 2006, the property features 218 parking spaces, ensuring convenient access for tenants and visitors. The permitted zoning is ERO, making it suitable for executive office, medical office, and research purposes. Each unit benefits from separately metered utilities, providing cost transparency and control. The property enjoys immediate access to I-696, offering excellent connectivity and accessibility. Recent renovations and new management ensure a well-maintained and efficiently operated complex. The property's size, location, and amenities make it an ideal investment for those seeking a high-quality, multi-tenant office and medical space in a prime Southfield location. The property's APN is 24-17-328-006. The asking price per square foot is $150.

Property profile
Verified
Property type Office Spaces
Year built 1985
Total area 41,128 SF
Lot 6.7 ac (291,852 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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