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    Property profile & analytics
    OFF-MARKET Estimated value $2,800,000
    Office buildings

    28400 Northwestern Hwy, Southfield, MI 48034-1839

    60,164 SF 3.79 ac lot Built 1986
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1242098
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 60,164 SF
    Lot 3.79 ac (165,092 SF)
    Zoning code RC
    APN 76-24-17-102-012
    UPID US43-1242098
    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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.40M
    Comparable Approach Comparable
    $1.81M
    Blend (final) Blend
    $2.80M
    Owner & transaction history
    Essex Centre Group LLC · 1 yrs held
    Essex Centre Group LLC
    since 2024
    4 recorded transactions
    2024
    2017
    1969
    1969
    Zoning & alternative use
    RC · Southfield, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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