26300 Northwestern HwySouthfield, MI 48076
- Office buildings
- 84,752 SF
Property Details for 26300 Northwestern Hwy
- Year built
- 1999
- Lot size
- 4.45 AC
- Property size (Sq ft)
- 84,752 SF
- Zone code
- ERO
- Property type
- Office buildings
- APN
- 76-24-22-102-017
- APU
- 762422102017
Description
Oxford Pointe, a four-story Class B office building in Southfield, MI, offers 85,078 square feet of versatile space. Built in 1997 and extensively renovated in 2023, this property boasts a prime location with exceptional visibility and accessibility to major freeways (I-696 and M-10) and surface roads (Lahser and Telegraph). The building features prominent signage and ample parking (327 spaces). Currently fully vacant, this presents a unique opportunity for a single tenant or multiple users. The flexible floor plates range from 5,460 to 21,000 square feet, allowing for customization to suit diverse needs. The first two floors are completely cleared, offering high ceilings and the potential to create a bespoke interior. Modern amenities include a newly renovated shared conference area, café, and co-working space on the ground floor. The building also offers the potential to utilize outdoor patio space. With its strategic location, modern upgrades, and adaptable floor plans, Oxford Pointe is ideal for a variety of office uses, including traditional office, coworking, medical office, and creative office spaces. The property sits on 4.45 acres and includes one building with elevators.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,508,520
- 6.5%
- $13,392,480
- 7%
- $12,435,875
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,927,702
- Geo Method
- $7,927,702
-
Alternative Use
- Use
- Valuation
- Residential
- $16,606,676
- Hospitality
- $15,211,626
- Educational
- $12,655,894
- Medical
- $13,091,149
- Retail
- $19,686,946
Location Insight
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4836
- Longitude
- -83.2586
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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