Property profile

27350 W 11 Mile Rd Southfield, MI 48033

FOR LEASE
Office buildings
Property ID
US43-1044282
150,510 SF 8.8 ac lot Built 1986
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10-story office building, located at 27350 W Eleven Mile Rd in Southfield, Michigan, offers 159,207 square feet of prime office space currently available for lease. Built in 1985 and extensively renovated in 2020, the property boasts a contemporary design suitable for executive or creative office tenants. The building sits on a generous 10-acre lot and provides ample parking with 800 spaces. The building features multiple elevators for convenient access to all floors. The zoning is classified as RC. The property's address is 27350 W Eleven Mile Rd, Southfield, MI 48033, and its Oakland County APN is 24-18-351-007. The building is ideal for businesses seeking a modern, well-maintained workspace in a desirable Southfield location. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this impressive space. The building's modern amenities and substantial size make it an attractive option for a variety of businesses. The property offers a blend of functionality and style, making it a highly sought-after location in the Southfield market. This is a rare opportunity to secure a significant amount of high-quality office space in a prime location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Total area 150,510 SF
Lot 8.8 ac (383,328 SF)
Zoning code RC
APN 76-24-18-351-007
UPID US43-1044282

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
  • Property Management Company

Location

27350 W 11 Mile Rd Southfield, MI 48033
Southfield metro Census 160300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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
$1.07M

Owner & transaction history

since 2020
6 recorded transactions
2020
$22,900
2019
$22,900
2017
Price N/A
2016
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

RC · Southfield, MI
Zoning description

The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…

General category PLANNED_DEVELOPMENT

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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