27100 11 Mile RdSouthfield, MI 48033

Property Details for 27100 11 Mile Rd

Year built

1983

Lot size

5.34 AC

Property size (Sq ft)

409,313 SF

Zone code

RC

Property type

Office properties

Property subtype

Office buildings

APN

76-24-18-351-018

APU

762418351018

Description

One West 11, located at 27100 W Eleven Mile Rd in Southfield, MI 48033, offers exceptional office space in a prime location. This seven-story building, totaling 110,804 square feet, underwent a complete renovation in 2020, blending modern amenities with classic architectural design. The property boasts a variety of suite sizes, accommodating businesses of all scales. Spaces range from a minimum of 1,557 square feet to a maximum contiguous space of 15,832 square feet, with a significant 51,520 square feet currently vacant. The building is zoned RC and sits on an expansive 11-acre lot, providing ample parking with 500 spaces available. Originally constructed in 1984, One West 11 caters to both executive and creative office needs, making it an ideal location for a diverse range of businesses. The property's Oakland County location (APN 24-18-351-018) offers easy access to major transportation routes and a thriving business community. Multiple tenancy options are available, allowing for flexibility in lease terms and space requirements. This is a unique opportunity to secure high-quality office space in a well-maintained and strategically located building.

• CAP approach

  CAP return

  Valuation

  6%

  $70,069,448

  6.5%

  $64,679,492

  7%

  $60,059,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,287,140

  Geo Method

  $38,287,140

• Alternative Use

  Use

  Valuation

  Residential

  $80,202,568

  Hospitality

  $73,465,120

  Educational

  $61,122,120

  Medical

  $63,224,204

  Retail

  $95,078,856

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4863

Longitude

-83.3106

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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