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    24800 Northwestern Hwy Southfield, MI 48075

    • Office buildings
    • 56,872 SF
    • 2.74 lot acres
    For Sale
    View listing
    $8,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-1298810
    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

    • Northwestern Technological Institute / Technical School / Trade School
    • Remer Gary M / Attorney

    Property Details for 24800 Northwestern Hwy

    Year built
    1969
    Lot size
    2.74 lot acres
    Property size
    56,872 SF
    Zone code
    ERO
    Property type
    Office buildings
    APN
    76-24-26-101-002
    APU
    762426101002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,060,000
      6.5%
      $1,115,000
      7%
      $1,180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,060,000
      Geo Method
      $1,140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,350,000
      Retail
      $1,355,000
      Mixed-Use
      $1,155,000
      Hospitality
      $1,320,000
      Educational
      $1,010,000
      Residential Income
      $1,225,000
      Energy
      $1,085,000
      Income-Based Land
      $1,250,000
      Food Service
      $1,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2392
    Latitude
    42.4722
    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
    2022
    $96,653
    $171,810
    $1,329,710
    $1,501,520
    -
    $343,620
    $2,659,420
    $3,003,040

    Comparable in this City

    • Value Estimation by Request
      134,959 SF

      20755 Greenfield Rd

      OFFICE BUILDING • 134,959 SF
      20755 Greenfield Rd, Southfield, MI 48075-5403
      View Details
    • Value Estimation by Request
      655,519 SF

      25800 Northwestern Hwy

      OFFICE BUILDING • 655,519 SF
      25800 Northwestern Hwy, Southfield, MI 48075-8403
      View Details
    • Value Estimation by Request
      551,443 SF

      21700 Northwestern Hwy

      OFFICE BUILDING • 551,443 SF
      21700 Northwestern Hwy, Southfield, MI 48075-4906
      View Details
    • Value Estimation by Request
      30,800 SF

      21711 10th Mile Rd

      OFFICE BUILDING • 30,800 SF
      21711 10th Mile Rd, Southfield, MI 48075-1011
      View Details
    • Value Estimation by Request
      11,878 SF

      20733 10th Mile Rd

      OFFICE BUILDING • 11,878 SF
      20733 10th Mile Rd, Southfield, MI 48075-1086
      View Details
    • Value Estimation by Request
      1,963 SF

      24225 Greenfield Rd

      OFFICE BUILDING • 1,963 SF
      24225 Greenfield Rd, Southfield, MI 48075-3117
      View Details

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    Similar Nearby for Lease

    • $11,550 /Mo

      Updated Office Building For Lease

      Updated office building for lease in Southfield, priced to move.
      23875 Northwestern Hwy #A & Or, Southfield, MI 48075
      View Details
    • $11 SF/Yr
      6,300 SF

      Updated Office Building For Lease

      Updated Southfield office building with flexible leasing options.
      23875 Northwestern Hwy, Southfield, MI 48075
      View Details
    • $12 SF/Yr
      748 SF

      Renovated Southfield Office Space Available

      Professionally managed office building with renovated common areas and highway access.
      24445 Northwestern Hwy, Southfield, MI 48075
      View Details
    • $2,350,000
      538 SF

      Southfield Office Building with Cell Tower

      Centrally located office building with cell tower and fiber.
      18311 W 10 Mile Rd, Southfield, MI 48075
      View Details
    • $11 SF/Yr
      2,800 SF

      Southfield Office Building Space Available

      Cornerstone Southfield location with flexible office suite configurations.
      20800 Southfield Rd, Southfield, MI 48075
      View Details
    • $13 SF/Yr
      5,360 SF

      Southfield Executive Office Space

      Prime Southfield Office, 2600 SF Available
      18470 10 Mile Rd, Southfield, MI 48075
      View Details
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    24800 Northwestern Hwy
    Southfield, MI 48075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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