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Property profile & analytics

21840 Nine Mile Rd Southfield, MI 48075

  • Office buildings
  • 22,625 SF
  • 1.72 lot acres
For Sale
Last Sale
Jan 06, 2021
Value Estimations
Cap Rate Potential
10.9%
Office buildings
Location Intelligence
Property ID
US43-1512254
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 21840 Nine Mile Rd

Year built
1970
Lot size
1.72 lot acres
Property size
22,625 SF
Zone code
B-3
Property type
Office buildings
APN
76-24-27-351-040
APU
762427351040

Description

This exceptional 21,630-square-foot executive office building presents a rare owner/user opportunity in the highly desirable Southfield, Michigan market. Located at 21840 W Nine Mile Rd, this property boasts prime commercial exposure with fantastic visibility on a major thoroughfare. The building offers abundant parking, ensuring convenient access for employees and clients. Smooth ingress and egress contribute to a seamless operational experience. The strategic location provides easy access to the region's major freeways, connecting businesses to the broader metropolitan area. Furthermore, the property is situated near a variety of restaurants and retail amenities, enhancing convenience and attracting a diverse workforce. This offering represents a significant investment opportunity, priced substantially below replacement cost. The building's size and features make it ideal for a company seeking to establish a substantial presence in a thriving commercial hub. The long-term tenant in place adds to the investment's stability and potential for future growth. This is a unique chance to acquire a well-located, high-quality office building in a sought-after area of Oakland County, Michigan, with a zip code of 48075. Don't miss this chance to own a piece of Southfield's thriving commercial landscape.


Value Estimations

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Southfield
County
Oakland
State
Michigan
Longitude
-83.2584
Latitude
42.4586
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$22,949
$98,250
$249,240
$347,490
-
$196,500
$498,480
$694,980
More about this property
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