24133 Northwestern Hwy, Southfield, MI 48075-2550
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.
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
OS · 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.