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    29950-30000 Telegraph Rd Southfield, MI 48034

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    For Lease
    $30 SF/Yr ($6,000 /Mo)

    High-visibility retail space with ample parking and traffic.

    Property size:
    2,400 SF
    Lot size:
    2.01 Acres

    Property Features for 29950-30000 Telegraph Rd

    General Information

    Size
    2,400 SF
    Lot size
    2.01 Acres

    Source: Landmark Commercial Real Estate Services Agent Louis Ciotti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Telegraph

    This retail property offers a rare opportunity for high visibility on Telegraph Road in Southfield, Michigan, a heavily trafficked corridor with 65,990 cars per day, serving as the main route to I-696. The property features abundant parking and excellent ingress/egress from Telegraph Road. It is located in the shadow of Bingham Office Park, which has 500,000 square feet, and is surrounded by over 1 million square feet of office space within a quarter-mile radius. Situated half a mile south of the Tel-Twelve Mall, one of Michigan’s most successful power centers with tenants including Meijer, Lowe’s, Best Buy, DSW, PetSmart, and Michaels, this property offers a strategic location for retail businesses.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Secretary of State Self-service Station, Tel-Twelve Mall, Bloomfield Nails And Spa

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2844272
    Latitude
    42.5079598

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    FAQs

    What type of property is this?
    Shopping center - High-visibility retail space with ample parking and traffic.
    Where is this shopping center located?
    The property is located at 29950-30000 Telegraph Rd Southfield, MI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility on heavily trafficked Telegraph Road (65,990 cars per day).; - Excellent ingress/egress and abundant parking.; - Located in the shadow of Bingham Office Park (500,000 SF).
    (248) 488-2620
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    29950-30000 Telegraph Rd Southfield, MI 48034
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    Southfield, MI 48034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29950-30000 Telegraph Rd Southfield, MI 48034
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