Property profile

24133 Northwestern Hwy Southfield, MI 48075

OFF-MARKET
Office buildings
Property ID
US43-1197514
16,752 SF 0.86 ac lot Built 1969
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, Class B office building presents a unique investment opportunity in the thriving Southfield, Michigan market. Located at 24133 Northwestern Highway, this 16,750 square foot, multi-tenant property boasts a highly visible street presence, ideal for maximizing brand awareness. Built in 1969, the building sits on a 0.86-acre lot and offers ample parking with 60 spaces. The asking price is $750,000, translating to a competitive price per square foot of $44.78. The property is partially furnished, offering immediate occupancy potential for a variety of businesses. The single-building property provides a significant advantage for streamlined management and control. Its strategic location in Oakland County, with easy access to major roadways, ensures convenient commuting for employees and clients. This stand-alone building offers a unique opportunity to acquire a well-maintained, established office space in a desirable location. The substantial square footage allows for flexible configurations to suit diverse business needs. The property's prominent location and ample parking make it an attractive option for businesses seeking a high-profile presence in Southfield. This is a rare opportunity to own a substantial office building in a prime location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 16,752 SF
Lot 0.86 ac (37,505 SF)
Zoning code OS
APN 76-24-26-176-005
UPID US43-1197514

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24133 Northwestern Hwy Southfield, MI 48075-2550
Southfield metro Census 161900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$945k
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$475k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A

Zoning & alternative use

OS · Southfield, MI
Zoning description

Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services

General category UNKNOWN
Top alternative use upside
Neighborhood: shopping center $1.6M +62.8%
Industrial (general) $1.4M +41.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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