Property profile

20500 Civic Center Dr Southfield, MI 48076

FOR SALE
Office buildings
Property ID
US43-0076651
110,540 SF 15.3 ac lot Built 1977
Entity Owned Absentee Owner ~ Est. High Equity
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For Sale
$3,600,000 110,540 SF
20500 Civic Center Dr, Southfield, MI 48076
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Property summary

AI-generated overview

This bank-owned, vacant, 180,000 square foot Class B office building presents a unique investment opportunity in Southfield, Michigan. Located at 20500 Civic Center Drive, this four-story building, constructed in 1977, sits on a 15.3-acre lot and boasts 780 parking spaces. The property is zoned R-A and features a desirable park-like setting, complemented by an attractive atrium lobby, a commercial kitchen and café, and an employee recreation room. Its convenient location offers easy access to major highways and is surrounded by amenities including retail shops, hotels, and restaurants. The building's size and features make it ideal for a corporate headquarters or conversion into a multi-tenant property. This is a rare chance to acquire a substantial office building in a thriving commercial area, offering significant potential for redevelopment or immediate occupancy. The property's ample parking and attractive features make it a highly desirable location for businesses seeking a prestigious address in Southfield. The building's vacant status allows for complete customization to suit the needs of a new owner or tenant. This is a bank-owned foreclosure, presenting a compelling opportunity for investors. The property's APN is 24-22-201-019 and the zip code is 48076.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 110,540 SF
Lot 15.3 ac (666,468 SF)
Zoning code RC
APN 76-24-22-201-019
UPID US43-0076651

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
  • Business Service Center Corporate Office
  • Physician
  • Physician
  • Pharmacy
  • Electric Vehicle Charging Station

Location

20500 Civic Center Dr Southfield, MI 48076
Southfield metro Census 161600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.25M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.33M

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2024
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RC · Southfield, MI
Zoning description

The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $13.6M +14.9%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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