26877 Northwestern HwySouthfield, MI 48033

Property Details for 26877 Northwestern Hwy

Year built

1979

Lot size

7.47 AC

Property size (Sq ft)

160,046 SF

Zone code

ERO-M

Property type

Office properties

Property subtype

Office buildings

APN

76-24-21-202-022

APU

762421202022

Description

The Omni Office Centre, located at 26877 & 26899 Northwestern Hwy in Southfield, Michigan, offers a prime opportunity for businesses seeking executive office space. This two-building complex, totaling 235,127 square feet, sits on a spacious 15.4-acre lot and boasts ample parking with 1332 spaces. Built in 1980 and extensively renovated in 2009, the property is zoned ERO and is currently fully vacant, presenting a unique chance to customize the entire space. Flexible lease options are available, accommodating various business needs. The minimum divisible space is 94,164 square feet, while the maximum contiguous space available is 140,963 square feet. This presents an ideal solution for both large corporations seeking significant space and smaller businesses looking for executive suites. The property's location in Oakland County, with easy access to major roadways, ensures convenient commuting for employees and clients. The modern amenities and expansive layout of the Omni Office Centre make it an exceptional choice for businesses seeking a prestigious and functional workspace. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $27,397,946

  6.5%

  $25,290,410

  7%

  $23,483,952

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,970,703

  Geo Method

  $14,970,703

• Alternative Use

  Use

  Valuation

  Residential

  $31,360,110

  Hospitality

  $28,725,692

  Educational

  $23,899,438

  Medical

  $24,721,376

  Retail

  $37,176,904

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4825

Longitude

-83.2685

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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