24133 Northwestern Hwy Southfield, MI 48075-2550
Property profile & analytics
24133 Northwestern Hwy Southfield, MI 48075-2550
- Office buildings
- 16,752 SF
- 0.86 lot acres
Property ID
US43-1197514
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 24133 Northwestern Hwy
- Year built
- 1969
- Lot size
- 0.86 lot acres
- Property size
- 16,752 SF
- Zone code
- OS
- Property type
- Office buildings
- APN
- 76-24-26-176-005
- APU
- 762426176005
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $945,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,148,000
- AI Estimate
- $760,000
Market price range: $504k - $1.41MMarket price range: $427k - $999k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $960,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,560,000 Change: +63% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,355,000 Change: +42% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2338
- Latitude
- 42.466
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,241
$37,880
$460,120
$498,000
-
$75,760
$920,240
$996,000
