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24681 Northwestern Hwy

Off-Market

24681 Northwestern Hwy, Southfield, MI 48075

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  • Property Type Office - General Office
  • Property Size 46,144 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 114
  • Parking Ratio 2.49 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

  • Walk Score ® Car-Dependent (34)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

CDM Transport LLC

4.59 miles

Royal Oak

4.88 miles

Troy

5.60 miles

Mobil

4.27 miles

Ferndale Public Library

5.47 miles

Marathon

5.78 miles

Mobil

5.91 miles

BP

7.40 miles

Citgo

7.53 miles

Livonia, MI Supercharger

7.77 miles

Clark

7.88 miles

Valero

8.31 miles

BP

8.98 miles

Parking Lot E

3.41 miles

Parking Lot C

3.44 miles

West Parking Deck (Employee only)

3.88 miles

Woodward Parking Lot

4.66 miles

US Post Office Parking lLot

5.38 miles

SP Parking

5.55 miles

Faculty / Staff Parking Lot H

6.48 miles

Student / Vistor Parking Lot B

6.51 miles

Public Parking

6.79 miles

Lot 8

7.11 miles

Red Roof Inn

3.03 miles

Grand Tulane Motel

5.25 miles

The Townsend Hotel

5.32 miles

Park Motel of Farmington

5.77 miles

Inn America

5.79 miles

Somerset Inn

6.91 miles

Hilltop Motel

7.25 miles

Sonesta Simply Suites

7.27 miles

Rodeway Inn

7.41 miles

Hampton Inn Detroit/Madison Heights/South Troy

7.42 miles

Nicky D's Coney Island

5.22 miles

Jersey Mike's Subs

5.31 miles

Tropical Smoothie Cafe

5.31 miles

Subway

5.43 miles

The Emory

5.45 miles

Touch of India

5.49 miles

Zao Jun

5.59 miles

Moy's Cafe

5.83 miles

Ritter's Frozen Custard

6.20 miles

Osaka Japanese Steakhouse

6.66 miles

Lawrence Technological University

0.64 miles

Academy of Lathrup Village (closed)

1.84 miles

Bow Elementary-Middle School

2.92 miles

Wayne County Community College Northwest Campus

3.51 miles

Bingham Farms Elementary School

3.68 miles

Redford Union High School

4.77 miles

Oakland Community College - Royal Oak Campus

4.92 miles

Lewis College of Business

4.99 miles

Marygrove College

5.71 miles

Michigan School of Professional Psychology

6.31 miles

Creative Learning Children's College

2.84 miles

Green Garden Child Development Center

3.84 miles

Old Redford Pre-Kindergarten Academy

3.86 miles

Nature's Playhouse

5.07 miles

Hampton Church Child Care Center

5.26 miles

The Learning Experience

5.97 miles

Country Hills Montessori

5.98 miles

Tutor Time

5.98 miles

Helping Hands child care

6.94 miles

Green Garden Child Development Center

7.07 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 12 Jan, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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* $2,044,640
  • Assessed Value $2,044,640

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 24681 Northwestern Hwy?

24681 Northwestern Hwy totals 46,144 square feet.

When was this property built?

24681 Northwestern Hwy was built in 1970.

When was 24681 Northwestern Hwy last sold?

24681 Northwestern Hwy was last sold on 12 Jan, 2021.

What is the market value for 24681 Northwestern Hwy?

The market value* for 24681 Northwestern Hwy in 2022 was $2,044,640.
*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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