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    24450 Evergreen Rd Southfield, MI 48075
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    Property profile & analytics

    24450 Evergreen Rd, Southfield, MI 48075

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    • Office buildings
    • 33,600 SF
    • 1.80 lot acres
    33,600 SF Office Building For Lease
    $13 SF/Yr
    33,600 SF

    33,600 SF Office Building

    33,600 SF office building for sale with flexible leasing options.

    24450 Evergreen Rd, Southfield, MI
    View Listing
    Property ID
    US43-5247227
    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.

    Value Estimations
    $870,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rita Banno / Dental Office
    • Stines Dental Associates / Dental Office / Physician
    • Lipton Teo DDS / Dental Office
    • Empowered Smiles & Implants Center, Oscar Gagoh, DDS,FDS, RCPS / Dental Office
    • Exfinity Home Care / Security Service

    Property Details for 24450 Evergreen Rd

    Year built
    1970
    Lot size
    1.80 lot acres
    Property size
    33,600 SF
    Zone code
    OS
    Property type
    Office buildings
    APN
    76-24-26-151-005
    APU
    762426151005

    Description

    This exceptional 33,600 square foot office building, situated on a 5.39-acre lot in Southfield, Michigan, presents a compelling investment opportunity. The property, built in 1971 and renovated in 1995, is classified as Class C and currently operates as a multi-tenant executive office space with a net lease structure. The building offers 5,000 square feet of net rentable space, priced at $80.36 per square foot, with an asking price of $2,700,000. The property boasts ample parking, providing 4.3 spaces per 1,000 square feet. Its (OS) Office Service zoning designation opens doors to diverse redevelopment possibilities. A significant advantage is the inclusion of an undeveloped 3.59-acre parcel adjacent to the existing office building, further enhancing its potential. This owner/user opportunity is ideally located in the heart of Southfield, MI, at 24450 Evergreen Rd, zip code 48075, within Oakland County. The substantial lot size and existing building structure provide a unique blend of immediate income potential and long-term development prospects. This is a rare chance to acquire a significant property in a thriving Michigan market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $740,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,010,000
      Market price range: $1.01M - $2.82M
      AI Estimate
      $856,000
      Market price range: $856k - $2.00M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2394
    Latitude
    42.4682
    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
    $26,815
    $113,110
    $324,720
    $437,830
    -
    $226,220
    $649,440
    $875,660
    View Listing
    More about this property
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