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    26400 Southfield Rd Lathrup Village, MI 48076

    • Office buildings
    • 5,022 SF
    • 0.28 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $495,000
    Last Sale
    Jan 17, 2024
    $500,000
    Location Intelligence
    Property ID
    US43-0273633
    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 26400 Southfield Rd

    Year built
    1961
    Lot size
    0.28 lot acres
    Property size
    5,022 SF
    Zone code
    BI
    Property type
    Office buildings
    APN
    40-24-24-151-007
    APU
    402424151007

    Description

    This exceptional 2,500 square foot single-tenant office space is ideally situated at 26400 Southfield Road in Lathrup Village, Michigan, within Oakland County. The property features a traditional office layout, perfect for a professional business seeking a comfortable and functional workspace. The first floor is available for lease and includes multiple private offices, a dedicated conference room, and ample space for staff. The building offers excellent signage opportunities, enhancing visibility and brand recognition. Under new ownership, this property benefits from recent improvements and a commitment to maintaining a high standard of quality. Its strategic location provides convenient access to I-696, allowing for easy commutes and efficient transportation. The surrounding area boasts a vibrant mix of restaurants and shopping options, catering to the needs of employees and clients alike. Furthermore, the property enjoys proximity to major healthcare facilities, being only four miles from Beaumont Royal Oak and a convenient twenty-minute drive to downtown Detroit. This turnkey office space is ready for immediate occupancy, with an availability date of April 1, 2024. Don't miss this opportunity to secure a prime location for your business in a thriving community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $530,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $440,000
      Mixed-Use
      $420,000
      Hospitality
      $515,000
      Educational
      $560,000
      Residential Income
      $430,000
      Energy
      $445,000
      Income-Based Land
      $500,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Lathrup Village
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2211
    Latitude
    42.4841
    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
    2023
    $13,550
    $0.00
    $0.00
    $211,100
    -
    $0.00
    $0.00
    $422,200

    Comparable in this City

    • Value Estimation by Request
      124,706 SF

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      View Details
    • Value Estimation by Request
      5,229 SF

      28551 Southfield Rd Ste, Unit 203

      OFFICE BUILDING • 5,229 SF
      28551 Southfield Rd Ste, Lathrup Village, MI 48076-2723
      View Details
    • Value Estimation by Request
      21,328 SF

      21301 Civic Ctr Dr

      OFFICE BUILDING • 21,328 SF
      21301 Civic Ctr Dr, Southfield, MI 48076-3911
      View Details
    • Value Estimation by Request
      1,800 SF

      28625 Southfield Rd

      OFFICE BUILDING • 1,800 SF
      28625 Southfield Rd, Lathrup Village, MI 48076-2701
      View Details
    • Value Estimation by Request
      2,179 SF

      26021 Southfield Rd

      OFFICE BUILDING • 2,179 SF
      26021 Southfield Rd, Lathrup Village, MI 48076-4541
      View Details
    • Value Estimation by Request
      2,742 SF

      28801 Southfield Rd

      OFFICE BUILDING • 2,742 SF
      28801 Southfield Rd, Lathrup Village, MI 48076-2743
      View Details

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    26400 Southfield Rd
    Lathrup Village, MI 48076
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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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