18470 10 Mile RdSouthfield, MI 48075

Property Details for 18470 10 Mile Rd

Year built

1969

Lot size

0.30 AC

Property size (Sq ft)

5,360 SF

Zone code

OS

Property type

Office properties

Property subtype

Office buildings

APN

76-24-23-456-018

APU

762423456018

Description

This exceptional executive office space, located at 18470 W 10 Mile Rd in Southfield, Michigan, offers 2,600 square feet of immediately available space within a larger 5,360 square foot building. The property, situated on a 0.3-acre lot, boasts ample parking with 18 spaces available for tenants and visitors. Built in 1969 and extensively renovated in 2016, the building presents a blend of classic charm and modern functionality. The space is perfect for businesses seeking a prestigious Southfield address with convenient access to major thoroughfares. The property is zoned OS (Oakland County zoning code) and features a multiple tenancy structure, providing a collaborative and dynamic work environment. The available space is ideal for a variety of executive office uses, offering flexibility and adaptability to suit individual business needs. The property's location in Southfield, Oakland County, Michigan, provides easy access to a wide range of amenities and services, making it an attractive option for businesses of all sizes. The APN is 24-23-456-018 and the zip code is 48075. This is a rare opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $917,567

  6.5%

  $846,985

  7%

  $786,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $501,374

  Geo Method

  $501,374

• Alternative Use

  Use

  Valuation

  Residential

  $1,050,262

  Hospitality

  $962,034

  Educational

  $800,401

  Medical

  $827,928

  Retail

  $1,245,068

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4736

Longitude

-83.2255

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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