23800 10 Mile RdSouthfield, MI 48033

Property Details for 23800 10 Mile Rd

Year built

1940

Lot size

9.02 AC

Property size (Sq ft)

125,000 SF

Zone code

OS

Property type

Office buildings

APN

76-24-21-352-021

APU

762421352021

Description

The Vanguard Center, located at 23800 W 10 Mile Rd in Southfield, Michigan, offers a diverse range of office spaces for lease. This 20-story, Class C building boasts a total of 112,610 square feet, with 67,762 square feet currently vacant. The property is situated on a 9.02-acre lot and features a flexible layout accommodating various needs. Units range from a minimum of 267 square feet to a maximum contiguous space of 30,000 square feet, making it suitable for businesses of all sizes. The building's diverse subtypes include traditional office, executive office, coworking, medical office, and creative office spaces, offering versatility for a wide array of tenants. Built in 1940 and renovated in 1980, the Vanguard Center provides ample parking with a 5.3:1 ratio. The property is zoned BV/OS and its APN is 24-21-352-021. Located in Oakland County, Michigan, with a zip code of 48033, this Southfield location offers convenient access to major transportation routes and amenities. The building's multiple tenancy allows for a dynamic and collaborative work environment. Inquire today to explore leasing opportunities at this well-positioned Southfield office building.

• CAP approach

  CAP return

  Valuation

  6%

  $21,398,492

  6.5%

  $19,752,454

  7%

  $18,341,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,692,500

  Geo Method

  $11,692,500

• Alternative Use

  Use

  Valuation

  Residential

  $24,493,044

  Hospitality

  $22,435,496

  Educational

  $18,666,070

  Medical

  $19,308,024

  Retail

  $29,036,108

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4729

Longitude

-83.2775

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].