Property profile

24725 12th Mile Rd Southfield, MI 48034

OFF-MARKET
Office buildings
Property ID
US43-1468316
109,045 SF 5.64 ac lot Built 1984
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A three-story brick office building with 104,000 square feet of total space, including suites ranging from approximately 996 to 37,000 square feet. The property has undergone recent interior and exterior renovations and includes a backup building generator. It is located just off I-696 and Telegraph Road in Southfield, providing access to I-696, M-10, Northwestern Highway, and Telegraph Road. The building is designed to support professional office use, with provisions for flexible tenant occupancy within the available suite sizes.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 109,045 SF
Lot 5.64 ac (245,853 SF)
Zoning code OS
APN 76-24-17-201-063
UPID US43-1468316

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Corporate Office Business Park
  • Physician
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Loan Service

Location

24725 12th Mile Rd Southfield, MI 48034-1801
Southfield metro Census 160900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$3.73M

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2023
Price N/A
2022
Price N/A
2011
Price N/A
2004
Price N/A
1969
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

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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