Industrial Properties in Southfield, Michigan, offer a unique investment opportunity for businesses and entrepreneurs looking to establish a presence in the region. With its strategic location and access to major transportation hubs, Southfield is an attractive destination for companies seeking to expand their operations. Industrial Properties in Southfield can represent a range of investments, from manufacturing facilities and warehouses to research and development centers and logistics hubs. The city's amenities, infrastructure, and location make it an ideal place to invest in an Industrial Property, with proximity to Lawrence Technological University, the Southfield City Centre, and major corporations like Veoneer and Denso. Additionally, Southfield's geography, with its mix of urban and suburban areas, provides a unique blend of settings for Industrial Properties. The city's attractions, such as the Carpenter Lake Nature Preserve and Civic Center Park, also make it a great place for business and travel.
Southfield, Michigan, is home to a diverse range of properties, including 8 Industrial Properties currently available for sale. In addition to Industrial Properties, Southfield also offers Warehouses, with many located near major transportation hubs like the John C. Lodge Freeway and I-696. Land is also available for development, with opportunities to build new Industrial Properties or other types of commercial real estate. Apartment Buildings are another option, with many located in the Southfield City Centre and surrounding neighborhoods. Commercial Real Estate, including office buildings and retail spaces, is also available in Southfield, with many properties located near major corporations and amenities. Overall, Southfield offers a range of properties to suit different business needs and investment goals.
What is the average price per square foot for industrial properties in Southfield?
The average price per square foot for industrial properties in Southfield is $116 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Southfield, Michigan, as they impact the ease of doing business, accessibility, and connectivity to major markets and transportation hubs.
- Proximity to major transportation facilities such as the John C. Lodge Freeway (M-10), I-696, Southfield Freeway (M-39), and US 24 (Telegraph Road) can increase industrial property values, as it provides easy access to downtown Detroit and other major areas in the region.
- The availability of local and regional bus transit through the Suburban Mobility Authority for Regional Transportation (SMART) also contributes to the desirability and value of industrial properties in Southfield.
- Southfield's strategic location, approximately 15 miles northwest of downtown Detroit, and its proximity to major employers, educational institutions, and amenities, further enhance the value of industrial properties in the area, making it an attractive location for businesses and investors.
