26400 12th Mile Rd Southfield, MI 48034-1700
- Commercial real estate
- 392 SF
Current Use by Public Records
- Commercial real estate
Property Details for 26400 12th Mile Rd
- Year built
- 1998
- Property size
- 392 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 76-24-07-604-003
- APU
- 762407604003
Description
Franklin Pointe Medical Center, located at 26400 W 12 Mile Rd in Southfield, Michigan, 48034, presents a unique opportunity for medical professionals seeking office space. This two-story, 91,755 square foot building, constructed in 1985, offers a variety of suite sizes, with a minimum divisible space of 1,210 square feet and a maximum of 10,658 square feet. Currently, there are 14 available spaces totaling 55,834 square feet of vacant space. The building features convenient amenities including elevators, making it easily accessible for patients and staff. The property's location in Southfield, Michigan provides excellent visibility and accessibility for patients and clients. The building is classified as a multi-tenant medical office building, ideal for a variety of medical practices. This is a rare opportunity to secure prime medical office space in a well-established and highly sought-after location. The building's size and layout offer flexibility for practices of all sizes, from small individual practices to larger group practices. Interested parties are encouraged to inquire about available space and lease terms. This property offers a strong investment opportunity in a thriving medical market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $295,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $300,000
- Mixed-Use
- $350,000
- Hospitality
- $355,000
- Educational
- $360,000
- Residential Income
- $350,000
- Energy
- $380,000
- Income-Based Land
- $320,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3071
- Latitude
- 42.5019
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA