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Property profile & analytics
OFF-MARKET
Estimated value
$9,415,000
Office buildings
26877 Northwestern Hwy Southfield, MI 48033-2141
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US43-1853184
Property summary
AI-generated overview
The Omni Office Centre, located at 26877 & 26899 Northwestern Hwy in Southfield, Michigan, offers a prime opportunity for businesses seeking executive office space. This two-building complex, totaling 235,127 square feet, sits on a spacious 15.4-acre lot and boasts ample parking with 1332 spaces. Built in 1980 and extensively renovated in 2009, the property is zoned ERO and is currently fully vacant, presenting a unique chance to customize the entire space. Flexible lease options are available, accommodating various business needs. The minimum divisible space is 94,164 square feet, while the maximum contiguous space available is 140,963 square feet. This presents an ideal solution for both large corporations seeking significant space and smaller businesses looking for executive suites. The property's location in Oakland County, with easy access to major roadways, ensures convenient commuting for employees and clients. The modern amenities and expansive layout of the Omni Office Centre make it an exceptional choice for businesses seeking a prestigious and functional workspace. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
160,046 SF
Lot
7.47 ac (325,393 SF)
Zoning code
ERO-M
APN
76-24-21-202-022
UPID
US43-1853184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Data Direction Inc Data Entry Service Business Administration Service
-
Volt Workforce Solutions Employment Agency
-
CDL Suite Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Medpark Construction Company
-
MEDPark Management, Inc. Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.04M
Comparable Approach
Comparable
$10.84M
Blend (final)
Blend
$9.42M
Owner & transaction history
Omni Property Group LLC · 14 yrs held
Omni Property Group LLC
since 2012
2 recorded transactions
Zoning & alternative use
ERO-M · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.9M
+17.6%
Industrial (general)
$13.0M
+2.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,795,000
6.5%
$9,040,000
7%
$8,395,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,665,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,895,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$12,960,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$9.42M
Range $8.47M – $10.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$59 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$236,441
Tax year 2022
Assessed value
$4,565,310
Assessed 2022
Previous assessed
$4,565,310
+0.0% YoY
Effective rate
5.18%
On assessed value
Assessed land
$468,570
Assessed improvement
$4,096,740
Land market value
$937,140
Improvement market value
$8,193,480
Total market value
$9,130,620
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Stories
4
Total area
160,046 SF
Lot
7.47 ac (325,393 SF)
Zoning code
ERO-M
APN
76-24-21-202-022
UPID
US43-1853184
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
ERO-M · Southfield, MI
Zoning ERO-M · permitted uses
ERO-M · Southfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.9M
INDUSTRIAL (GENERAL)
Est. value
$13.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Stories
4
Lot
7.47 ac
Current owner
From public records · entity-resolved
Omni Property Group LLC
Entity
Mailing address
26877 NORTHWESTERN HWY STE #101, SOUTHFIELD, MI 48033-8431
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2012
—
Omni Property Group LLC
—
Deed Of Trust
related
$13,280,000 · Omni Officentre Mortgage LLC
Jan 3, 2002
—
Koppy-nemer/forbes Cohen Assoc
—
Deed Of Trust
related
$20,000,000 · Metropolitan Life Insurance
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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