The city of Southfield is the premier business location in Michigan, presenting an incredible investment opportunity in an affluent and heavily populated area of Oakland County, just 30 minutes north of Detroit. Home to over 10,000 businesses, including more than 100 Fortune 500 companies, Southfield is a vibrant commercial hub. This site is classified as B-3 commercial zoning and is located near 12 Mile Road and Northwestern Highway. The property spans one acre and includes three outbuildings with a total of 10,400 square feet of commercial space, offering ample parking for consumers. One building is currently leased, generating a monthly income of $2,700. The B-3 zoning is classified as a General Business District, permitting uses such as retail, medical offices, banks, hotels, restaurants, and even a medical marijuana provision center (subject to special approval). Building A: The front building is two stories with three entrances, a rooftop, and a basement. The first floor features a reception area, administration area, and five offices. The second floor has a conference room and storage. The finished basement includes storage, four offices, and a cubicle area. Building B: The middle building is two stories with five offices, a first-floor reception area, and second-floor storage. Building C: The back building is one story and currently occupied by a dog grooming and boarding tenant. Southfield is continuously expanding, fostering business growth due to its central location. The city�s services make residents and business owners feel welcome while offering new business opportunities. Southfield is home to many corporate headquarters, well-known restaurants, local boutiques, and numerous profitable businesses. Whether you want to invest in the current buildings or start fresh, this city provides an excellent platform. The location also offers easy access and excellent visibility off Northwestern Highway. Invest in Southfield, where business opportunities thrive, and the community supports growth & innovation.
The median home value in Southfield, MI is $218,200. This is lower than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Southfield, MI is $218,200. Approximately 45.78% of Southfield homes are owned, compared to 46.87% rented, while 7.36% are vacant. Southfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Southfield real estate agent to arrange a tour today!
Southfield, Michigan 48034 has a population of 76,196. Southfield 48034 is less family-centric than the surrounding county with 23.26% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Southfield, Michigan 48034 is $60,006. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Southfield 48034 is 41.5 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 33.5 inches per year, with 35.2 inches of snow per year.