21260 8th Mile Rd, Southfield, MI 48075-5666
This exceptional 17,000 square foot free-standing building in Southfield, Michigan presents a remarkable opportunity for businesses seeking a high-profile presence in Metro Detroit's thriving industrial corridor. Situated on a 1.02-acre lot, this meticulously renovated property boasts unparalleled access to major freeways and the airport, offering optimal logistical advantages. The building underwent a comprehensive $2 million renovation in 2017, resulting in a modern and efficient workspace. The layout strategically combines 3,500 square feet of first-class office space with 9,700 square feet of plug-and-play industrial area, complemented by a versatile 4,375 square foot mezzanine or flex space. Key features include a 24-foot ceiling height prepared for a 10-ton crane, a state-of-the-art $20,000 security system with 16 cameras and electronic entrances, a robust 15-ton HVAC system, and a substantial 1,000 Amp electric service. An overhead door ensures easy access and efficient operations. The entire property is paved and fully fenced, providing a secure and well-maintained environment. Monument signage offers excellent brand visibility, enhancing the property's appeal and market presence. Priced at $2,199,000, this property is ideal for businesses seeking a high-caliber headquarters or a lucrative rental investment in one of Metro Detroit's most desirable locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
I-1 · Southfield, MISouthfield. 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.