24061 W 10 Mile Rd Southfield, MI 48033
This exceptional Southfield, MI property, located at 24061 W. 10 Mile Road, offers 1,915 square feet of combined retail and office space for lease. The single-story building, constructed in 1968, boasts a total of 5,767 square feet and is situated on a highly visible location on W. 10 Mile Road, just east of Telegraph Road. The property features a newly renovated façade, enhancing its curb appeal and attracting potential customers. With its I-1 Industrial zoning, this space presents a versatile opportunity for a variety of businesses. The building includes five parking spaces for tenant and customer convenience. The property benefits from its strategic location, surrounded by a significant number of residential units, ensuring a substantial customer base. This is a rare opportunity to lease space in a well-maintained building with excellent visibility in a thriving Southfield commercial area. The property is under new ownership, signifying a commitment to maintaining and improving the property for tenants. The remaining 1,915 square feet is ready for immediate occupancy. Contact us today to schedule a viewing.
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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.