Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28400 Northwestern Hwy Southfield, MI 48034-1839
    Property profile & analytics

    28400 Northwestern Hwy Southfield, MI 48034-1839


    • Office buildings
    • 60,164 SF
    • 3.79 lot acres
    Off-Market
    Last Sale Sep 24, 2024
    Property ID
    US43-1242098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,800,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Orechkin Insurance Agency, LLC / Insurance Agency
    • StopComp / Law Firm
    • FaciliNet Services,Inc / Real Estate Agency
    • Essex center / Business Service Center / Corporate Office
    • Atlas College Marketing / Advertising Agency / Marketing & Advertising

    Property Details for 28400 Northwestern Hwy

    Year built
    1986
    Lot size
    3.79 lot acres
    Property size
    60,164 SF
    Zone code
    RC
    Property type
    Office buildings
    APN
    76-24-17-102-012
    APU
    762417102012

    Description

    Essex Centre, located at 28400 Northwestern Hwy in Southfield, Michigan, 48034, offers a prime opportunity for businesses seeking office space in a convenient location. This four-story, Class B office building boasts a total of 60,000 square feet and features multiple tenancy options. Currently, five spaces are available, ranging in size from 2,551 square feet to 41,403 square feet, providing flexibility for businesses of various sizes. The building offers both executive and traditional office suites, catering to diverse needs. Its central location provides easy access to major thoroughfares including I-696, M-10, and Telegraph Road, ensuring convenient commutes for employees and clients. On-site management ensures efficient building operations and responsive service. A notable advantage is the availability of first-floor suites, offering high visibility and convenient access. This well-maintained building presents a compelling opportunity for businesses seeking a functional and strategically located office space in the thriving Southfield market. The building's diverse suite sizes and convenient amenities make it an ideal choice for companies looking to establish or expand their presence in the area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,680,000
      6.5%
      $3,400,000
      7%
      $3,155,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,811,000
      Market price range: $551k - $2.55M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2984
    Latitude
    42.4977
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $110,593
    $237,730
    $2,117,650
    $2,355,380
    -
    $475,460
    $4,235,300
    $4,710,760
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message