20411 Twelve Mile Rd Southfield, MI 48076
- Medical offices
- 16,240 SF
- 1.19 lot acres
Current Use by Public Records
- Medical offices
Property Details for 20411 Twelve Mile Rd
- Year built
- 1971
- Lot size
- 1.19 lot acres
- Property size
- 16,240 SF
- Zone code
- OS
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 76-24-15-226-034
- APU
- 762415226034
Description
This exceptional Southfield office space, located at 20411 W Twelve Mile Road, offers 2,376 square feet of immediately available space in a well-maintained building. The property, situated on a 1.19-acre lot, boasts a total of 16,240 square feet across two stories and was extensively renovated in 2018, ensuring modern amenities and functionality. The building features ample parking with 100 spaces available for tenants and visitors. This executive office space is part of a multi-tenant building, offering a collaborative and professional environment. The minimum divisible space is 961 square feet, allowing for flexibility depending on individual business needs, while the maximum contiguous space available is 2,376 square feet. The building was originally constructed in 1971 and is zoned OS, reflecting its suitability for office use. The property's Oakland County location, with its convenient access to major roadways and amenities, makes it an ideal location for businesses seeking a prominent Southfield address. The property's APN is 24-15-226-034 and the zip code is 48076. This is a rare opportunity to secure high-quality office space in a desirable location. Inquire today to learn more about leasing options.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $555,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $445,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $560,000
- Retail
- $410,000
- Mixed-Use
- $570,000
- Hospitality
- $425,000
- Educational
- $505,000
- Residential Income
- $525,000
- Energy
- $565,000
- Income-Based Land
- $485,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2466
- Latitude
- 42.5015
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA