Property summary
This exceptional 12,224 square foot office building, located at 21540 11 Mile Road in Oakland County, presents a unique investment opportunity. The property is a single-tenant building suitable for a variety of uses, including medical and traditional office spaces. Key features include one overhead door, ideal for loading and unloading, and a second-floor lab space complete with sinks, catering to specific medical or research needs. The building is partially equipped with a sprinkler system for enhanced safety. Convenient amenities include two restrooms on each floor, along with a kitchenette and breakroom on each level, providing comfortable spaces for staff and clients. Ample parking is ensured with a 40-space parking lot. The property also offers the advantage of prominent monument signage, enhancing visibility and brand recognition. Its strategic location provides convenient access to major thoroughfares, including I-696, Telegraph Road, and M-10, ensuring easy commutes for employees and clients. The current lease extends through 2033, offering long-term stability and predictable income. This property represents a compelling opportunity for investors seeking a well-maintained, strategically located office building with a strong lease in place.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Pediatrician Physician
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Pediatrician Physician
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Medical Supply Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
OS · Southfield, MITheoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OS in Southfield, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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