Industrial Property for Sale in Southfield, MI
- Price: $6.6M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Southfield, MI 48034
- Size: 66,195 SF
Description
Zoning Flexible For Light Industrial, Office, Medical Office, Etc. Up to 14 Grade Level Doors Can Be Added. Close Proximity To I-696, M-10 And Telegraph Rd.
Market Context
This industrial in Southfield, MI is listed for sale at $6,619,500 across 66,195 SF. It has been on the market for 21 days. Compare it against other industrial listings for sale in Southfield, MI — <a href="/search/sale/industrial/michigan/southfield">view the full market</a>.
As of Q1 2026, the Detroit industrial market showed average asking rents near $5.79/SF/yr, rents up 4.6% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in Detroit?
- About 6.5% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$5.71/SF – $7.73/SF
Mid: $6.72/SF
Total estimate for 66,195 SF: $444,830
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Daniel Canvasser · 1248350-8141 · daniel.canvasser@nmrk.com
- Daniel Canvasser · 1248350-8141 · daniel.canvasser@nmrk.com
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