Warehouses in Southfield, Michigan, offer a unique investment opportunity for businesses and individuals looking to establish a presence in the Detroit metropolitan area. With its strategic location and access to major transportation hubs, Southfield is an attractive location for companies seeking to expand their operations. Warehouses in Southfield can represent a range of investments, from industrial properties to commercial real estate, offering a variety of options for businesses to choose from. The city's amenities, including its parks, nature preserves, and open spaces, make it an attractive location for businesses and employees alike. Additionally, Southfield's proximity to Lawrence Technological University and other educational institutions provides access to a skilled workforce. The city's geography, with its mix of urban and suburban areas, offers a unique blend of opportunities for businesses to establish themselves.
Southfield is home to 5 warehouses for sale, offering a range of options for businesses and investors. The average price per square foot for warehouses in Southfield is $92 USD, with an average size of 16,597 square feet. The largest warehouse available is 37,670 square feet. In addition to warehouses, Southfield also offers industrial properties, with companies like Veoneer and Denso having a presence in the city. Land is also available for development, with opportunities for commercial and residential projects. Residential income homes are another option, with many neighborhoods offering a range of housing options. Commercial real estate, including office space and retail properties, is also available in Southfield, with many notable corporations having a presence in the city. Overall, Southfield offers a range of investment opportunities for businesses and individuals looking to establish a presence in the Detroit metropolitan area.
What are the key features investors look for in warehouses in Southfield?
When searching for warehouses in Southfield, investors typically look for key features that ensure a strong potential for returns on their investment.
- Location and accessibility, with proximity to major transportation hubs like the John C. Lodge Freeway (M-10), I-696, and US 24 (Telegraph Road), which provide easy access to downtown Detroit and other major areas in the region.
- Space and layout, with a focus on properties that offer a range of sizes, from 16,597 square feet to 37,670 square feet, to accommodate various business needs and requirements.
- Market demand and potential for growth, with Southfield's strong commercial and business sector, hosting offices of over 100 Fortune 500 companies, and a substantial 27,000,000 square feet of office space, making it an attractive location for warehouse investments.
What size warehouses are available to buy in Southfield?
Warehouses for sale in Southfield range in size from approximately 1,980 square feet to 37,670 square feet, with an average size of 16,597 square feet.
How much does it cost to buy a warehouse in Southfield?
Warehouses for sale in Southfield, Michigan, have an average price per square foot of $92 USD, with an average size of 16,597 square feet, and the largest available space is 37,670 square feet, with a total of 5 listings available.
