24758 Southfield Rd, Southfield, MI 48075
For Lease
1 / 11
This exceptional industrial property, located at 24758 Southfield Road in Southfield, Michigan, offers a compelling investment opportunity. The property encompasses a substantial 4,515 square feet of space situated on a 0.17-acre lot. Its strategic location in the heart of Southfield provides easy access to major freeways, ensuring convenient transportation and logistics. Currently configured as a private gym, the property's versatile layout presents significant potential for a wide range of businesses. A key advantage is the inclusion of an additional parcel at 24572 Southfield Road, significantly expanding the usable area and offering added flexibility for development or expansion. Ample parking is available on-site, catering to both employees and clients. The asking price for this exceptional property is $449,000. This presents a rare chance to acquire a well-situated industrial property in a thriving Southfield location, offering immediate occupancy and significant upside potential. The combination of size, location, and the inclusion of a second parcel makes this an attractive proposition for discerning investors and business owners seeking a strategic foothold in a high-demand area.
-
United HealthCare Food Market Farmer's Market
-
My Good Life Fitness Gym & Fitness Center
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
B-3 · 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.