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20245 West 12 Mile Road

Off-Market

20245 West 12 Mile Road, Southfield, MI 48076

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  • Property Type Office - General Office
  • Property Size 25,534 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 104
  • Parking Ratio 4.10/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1979

Location

  • Walk Score ® Somewhat Walkable (62)
  • Bike Score ® Somewhat Bikeable (47)
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48076
  • Market Detroit

Points of Interest

Troy

3.94 miles

Royal Oak

5.02 miles

CDM Transport LLC

6.60 miles

Pontiac

9.39 miles

Stop & Go

0.11 miles

Shell

0.11 miles

Exxon

1.10 miles

Marathon

1.15 miles

Shell

1.29 miles

Mobil

1.32 miles

Mobil

1.48 miles

BP

1.53 miles

Marathon

1.56 miles

Mobil

1.97 miles

bus parking

1.38 miles

MDOT Park & Ride

1.40 miles

MDOT Park & Ride

1.42 miles

underground parking entrance

1.45 miles

Town Center Parking

1.60 miles

Parking Lot J

1.68 miles

Parking Lot F

1.69 miles

Town Center Parking

1.70 miles

Parking Lot C

1.74 miles

Parking Lot D

1.77 miles

The Westin Southfield Detroit

1.77 miles

Courtyard Detroit Southfield

1.97 miles

Detroit Marriott Southfield

2.04 miles

Marvins Garden Inn

2.23 miles

Marvins Garden Inn

2.27 miles

Red Roof Inn

2.32 miles

Ramada by Wyndham Southfield

2.83 miles

The Townsend Hotel

3.34 miles

Holiday Inn Express Detroit-Birmingham

3.67 miles

Cranbrook Inn

4.57 miles

Hellenic Restaurant

0.92 miles

Hellenic Restaurant

0.93 miles

Southfield Nutrition

1.07 miles

Red Olive Family Restaurants

1.08 miles

Arby's

1.12 miles

Arby's

1.12 miles

National Coney Island

1.17 miles

McDonald's

1.24 miles

Panera Bread

1.27 miles

Burger King

1.43 miles

Akiva Hebrew Day School

0.49 miles

Southfield-Lathrup High School

0.52 miles

McIntyre Elementary School

0.53 miles

Bussey Center for Early Child Education

0.56 miles

Yeshivas Darchei Torah

0.69 miles

Southfield Christian School

0.83 miles

Birney High School

0.84 miles

Evergreen School

0.98 miles

University of Phoenix

1.03 miles

Stevenson School

1.19 miles

Harmony Montessori Center

3.31 miles

Stepping Out On Faith Learning Center & Childcare

3.40 miles

Green Garden Child Development Center

3.97 miles

Bloomin' Kids Preschool at Conant

4.64 miles

Creative Learning Children's College

4.78 miles

KinderCare

5.09 miles

West Bloomfield KinderCare

5.66 miles

Gateway Country Day & Child Care Center

5.74 miles

Old Redford Pre-Kindergarten Academy

5.96 miles

Country Hills Montessori

6.03 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Dec, 2006
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Southfield

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Southfield Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.49
  • 2020 Office Vacancy Rate 19.28%
  • 2020 Office Completions (SF)
View more Southfield market trends

Tax

  • Market Value* $1,452,720
  • Assessed Value $1,452,720

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 20245 West 12 Mile Road?

20245 West 12 Mile Road totals 25,534 square feet.

When was this property built?

20245 West 12 Mile Road was built in 1979.

When was 20245 West 12 Mile Road last sold?

20245 West 12 Mile Road was last sold on 07 Dec, 2006.

What is the market value for 20245 West 12 Mile Road?

The market value* for 20245 West 12 Mile Road in 2021 was $1,452,720.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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