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Property profile & analytics
FOR SALE
Office buildings

23800 W 10 Mile Rd Southfield, MI 48033

125,000 SF 9.02 ac lot Built 1940
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1751872
Property summary
AI-generated overview

The Vanguard Center, located at 23800 W 10 Mile Rd in Southfield, Michigan, offers a diverse range of office spaces for lease. This 20-story, Class C building boasts a total of 112,610 square feet, with 67,762 square feet currently vacant. The property is situated on a 9.02-acre lot and features a flexible layout accommodating various needs. Units range from a minimum of 267 square feet to a maximum contiguous space of 30,000 square feet, making it suitable for businesses of all sizes. The building's diverse subtypes include traditional office, executive office, coworking, medical office, and creative office spaces, offering versatility for a wide array of tenants. Built in 1940 and renovated in 1980, the Vanguard Center provides ample parking with a 5.3:1 ratio. The property is zoned BV/OS and its APN is 24-21-352-021. Located in Oakland County, Michigan, with a zip code of 48033, this Southfield location offers convenient access to major transportation routes and amenities. The building's multiple tenancy allows for a dynamic and collaborative work environment. Inquire today to explore leasing opportunities at this well-positioned Southfield office building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 125,000 SF
Lot 9.02 ac (392,911 SF)
Zoning code OS
APN 76-24-21-352-021
UPID US43-1751872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jody Lee Physician
  • Getwell Medical Transport Co Freight Service Logistics Company
  • George O. Andooparampil, PT Physician
  • Infinity Sports and Studios Gym & Fitness Center Sports Field & Court
  • Intercapital Funding Inc. Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.06M
Comparable Approach Comparable
$5.69M
Blend (final) Blend
$5.72M
Owner & transaction history
Hjh Southfield 2 LLC · 8 yrs held
Hjh Southfield 2 LLC
since 2017
7 recorded transactions
2020
Price N/A
2017
Price N/A
2014
Price N/A
2013
$9.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OS · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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