17070 12 Mile RdSouthfield, MI 48076

Property Details for 17070 12 Mile Rd

Year built

1986

Lot size

1.02 AC

Property size (Sq ft)

11,024 SF

Zone code

OS

Property type

Medical offices

Property subtype

Medical centers

APN

76-24-12-376-021

APU

762412376021

Description

This exceptional single-story medical office building, located at 17070 W 12 Mile Rd in Southfield, Michigan, offers two available suites perfect for medical practices or related businesses. The building, constructed in 1986 and classified as Class C, boasts a total of 11,024 square feet, with a convenient 5.0 parking spaces per 1,000 square feet ratio. Currently, 4,363 square feet of space is available for lease, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,800 square feet. The property is zoned OS and features multiple tenancies, providing a diverse and vibrant environment. The building's address is 17070 W 12 Mile Rd, Southfield, MI 48076, within Oakland County. Its convenient location and ample parking make it an ideal choice for medical professionals seeking a well-established and accessible location to serve their patients. The property's parcel number (APN) is 24-12-376-021. This is a fantastic opportunity to secure high-quality medical office space in a thriving Southfield community. The building's single-story design ensures easy accessibility and navigation. Inquire today to learn more about leasing options and secure your ideal space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,887,176

  6.5%

  $1,742,008

  7%

  $1,617,579

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,031,185

  Geo Method

  $1,031,185

• Alternative Use

  Use

  Valuation

  Residential

  $2,160,090

  Hospitality

  $1,978,631

  Educational

  $1,646,198

  Medical

  $1,702,813

  Retail

  $2,560,752

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.5034

Longitude

-83.2151

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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