20800 Greenfield Rd, Oak Park, MI 48237-3051
This exceptional commercial property, located at 20800 Greenfield Road, offers 14,480 square feet of versatile space ideal for a variety of uses, including medical, executive, and creative offices. The property consists of two buildings, each two stories high, built in 1962 and extensively renovated in 2024. The buildings boast a clean and strong structure, featuring a steel metal roof and a convenient drive-thru. Ample parking is available with 70 spaces. The property is zoned B2 and previously housed a Citizens Bank branch, benefiting from an existing fire suppression system. Two spaces are currently available, ranging from 7,000 to 7,800 square feet. Its strategic location across from the Northland Mall development offers unparalleled visibility and accessibility. This property presents a unique opportunity for an investor or owner-user seeking a well-maintained, versatile space in a high-traffic area. The property's convenient location at the intersection of Greenfield Road and 8 Mile Road ensures excellent visibility and accessibility. No elevators are present. This is a multi-tenant building with a strong structure and significant parking. The property's recent renovation ensures modern amenities and functionality. This is an excellent opportunity for a business seeking a high-profile location with ample space and parking.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oak Park, MIOak Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.