Financial
Distress signals
Property profile

20700 Civic Center Dr Southfield, MI 48076

FOR LEASE
Office buildings
Property ID
US43-1935007
350,140 SF 27.11 ac lot Built 1999
Last sale Feb 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Oakland Commons I & II is a multi-building office property in Southfield, Michigan located at 20700 Civic Center Dr. It comprises two six-story Class A office buildings with a combined total of 315,839 rentable square feet, situated on approximately 27.1 acres. The buildings are configured as a combined campus-style office setting, with both buildings and the associated acreage typically under a single ownership arrangement.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$668k
Tax billed · 2022
Assessed value$11.78M
Assessed land$1.70M
Assessed improvement$10.08M
Effective rate5.67%

Value estimate

· Sep 2026
$19.87M
$17.88M – $21.85M
CAP approach$19.78M
Submarket $/SF estimate$23.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$72 – $130

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RC
The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motel...
General categoryPLANNED_DEVELOPMENT
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.3
Smoke and Vape Shop9.3
Grocery Store9.2

Location

20700 Civic Center Dr Southfield, MI 48076
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20300 12th Mile, Southfield, MI 48076-5408 $1,650,000 May 2024 33,376 SF
30233 Southfield, Southfield, MI 48076-1304 $1,950,000 Dec 2023 12,180 SF
16500 12th Mile, Southfield, MI 48076-2975 $2,100,000 Oct 2023 62,752 SF
17320 12th Mile, Southfield, MI 48076-2100 $5,800,000 Oct 2023 61,617 SF
17520 12th Mile, Southfield, MI 48076-1945 $690,000 Sep 2021 19,442 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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