25625 Southfield Rd Southfield, MI 48075
- Office buildings
- 10,872 SF
- 0.39 lot acres
Current Use by Public Records
- L R Counseling Services Inc / Family Counselor
- Heaven Sent Home Support Services, LLC / Home Health Care Service
- Accurate Threaded Fasteners / Fastener Supplier
- Esprit Insurance Agency Inc. / Insurance Broker
- Sav-Mor / Corporate Office
Property Details for 25625 Southfield Rd
- Year built
- 1967
- Lot size
- 0.39 lot acres
- Property size
- 10,872 SF
- Zone code
- OS
- Property type
- Office buildings
- APN
- 76-24-23-431-022
- APU
- 762423431022
Description
This exceptional two-story, 11,000 square foot executive office building presents a compelling investment opportunity in the thriving Southfield, Michigan market. Located at 25625 Southfield Road, this Class C property boasts a prime location with over 67,000 vehicles passing daily, ensuring high visibility and accessibility. Built in 1967, the building is situated on a 0.39-acre lot and features a multi-tenant configuration, providing diverse income streams. The asking price is $825,000, translating to a price per square foot of $75. The property benefits from a recently updated roof and mechanical systems, minimizing future maintenance concerns. Ample parking is available, with a generous ratio of 3.1 spaces per 1,000 square feet. The building is zoned B1, offering flexibility for various commercial uses. Financial details are available upon request. This property represents a strong investment in a high-traffic area with a solid foundation for continued success. The property's APN is 24-23-431-022. This is a rare opportunity to acquire a well-maintained multi-tenant office building in a desirable Southfield location. Don't miss out on this chance to own a piece of Southfield's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $505,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $425,000
- Mixed-Use
- $395,000
- Hospitality
- $405,000
- Educational
- $540,000
- Residential Income
- $495,000
- Energy
- $415,000
- Income-Based Land
- $510,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.222
- Latitude
- 42.4782
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
