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17600 Northland Park Ct Southfield, MI 48075-4322

Office buildings Google Maps
12,600 SF 0.81 ac lot Built 1967
Entity Owned 22-yr Hold Free & Clear
No photos on file
For Sale
$320,000 12,600 SF
17600 Northland Park Ct, Southfield, MI 48075-4322
View Listing →
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US43-0477281

Property summary

AI-generated overview

This exceptional 12,600 square foot executive office building presents a compelling investment opportunity in Southfield, Michigan. Located at 17600 Northland Park Ct, this two-story property, built in 1967, sits on a 0.81-acre lot and boasts ample parking, with a ratio of 5.15 spaces per 1,000 square feet. The building is zoned ERO (Education Research/Office), offering flexibility for a variety of uses. The asking price is $595,000, translating to a price per square foot of $47.22. Its convenient location off the Southfield Freeway provides excellent accessibility. The property's substantial size and prime location make it ideal for an owner-user seeking a significant presence in the Southfield market. The seller is motivated, presenting a unique chance to acquire a well-established office building in a thriving area. The property's assessed parcel number (APN) is 24-36-353-024. This is a rare opportunity to acquire a substantial office space in a desirable location. Further details are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Total area 12,600 SF
Lot 0.81 ac (35,327 SF)
Zoning code ERO
APN 76-24-36-353-024
UPID US43-0477281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Electronics & Wireless Store
  • Land Surveyor
  • Law Firm
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2003
2 recorded transactions
2003
Price N/A
1969
Price N/A

Zoning & alternative use

ERO · Southfield, MI
Zoning description

The Education-Research-OfficeDistricts (ERO-M, ERO) are designed to accommodate various types ofofficeuses performing administrative, professional and technical services

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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