24370 Northwestern Hwy Southfield, MI 48075
Property summary
This exceptional Southfield, Michigan office property, located at 24370 Northwestern Highway, offers 24,000 square feet of prime office space available for lease. Built in 1968 and extensively renovated in 2013, the building provides a blend of classic charm and modern functionality. The property is zoned OS and features a convenient multiple tenancy structure, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 8,000 square feet. Currently, the entire 24,000 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. Ample parking is available with 100 spaces on-site. The property's Oakland County location, with an APN of 24-26-177-016, offers easy access to major transportation routes and amenities. This versatile space is ideal for businesses seeking executive office suites or coworking arrangements, providing a professional and efficient environment for their operations. The property's modern design and convenient location make it an attractive option for a variety of businesses. The zip code is 48075.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Loan Service Bank
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Event Planning Wedding Service
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Law Firm
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Loan Service Bank
Value estimations
Owner & transaction history
Zoning & alternative use
The intended of this district to provide areas in the city for single-family dwellings as permitted uses and residentially related uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Southfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-E · Southfield, MIThe intended of this district to provide areas in the city for single-family dwellings as permitted uses and residentially related uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for R-E in Southfield, MI.
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