20500 Civic Ctr Dr Southfield, MI 48076-4115
Property profile & analytics
20500 Civic Ctr Dr Southfield, MI 48076-4115
- Office buildings
- 110,540 SF
- 15.30 lot acres
Property ID
US43-0076651
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.
Location Intelligence
Current Use by Public Records
- Oakland Commons / Business Service Center / Corporate Office
- Maryann Rowe, APA / Physician
- Maryann Rowe / Physician
- Kevin Holloway / Pharmacy
- EVConnect Charging Station / Electric Vehicle Charging Station
Property Details for 20500 Civic Ctr Dr
- Year built
- 1977
- Lot size
- 15.30 lot acres
- Property size
- 110,540 SF
- Zone code
- RC
- Property type
- Office buildings
- APN
- 76-24-22-201-019
- APU
- 762422201019
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,765,000
- 6.5%
- $6,245,000
- 7%
- $5,800,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $11,790,000 Current use
- AUTO REPAIR, GARAGE
- $13,550,000 Change: +15% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $10,290,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2476
- Latitude
- 42.4811
- 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
$378,069
$959,710
$4,913,750
$5,873,460
-
$1,919,420
$9,827,500
$11,746,920
