12-Unit Motel with Owner’s
For Sale
$799,000
19622 Telegraph Rd, Brownstown Township, MI 48174
Motel property includes an on-site residence, garage, shed, and fenced backyard.
Property Size4,040 SF
Price / SF$126.91
Days on Market103
Property Features for 19622 Telegraph Rd
General Information
Standard status
Active
Size
4,040 SF
Property subtype
Hospitality
Zoning
B2 and I-1
Building Details
Building Size
4,040 SF
Year Built
1950
Listing Agency:
Hartford Real Estate of Michigan
Listed By:
Mark Tlok
(248) 678-8899
Source:
Cpix.resimplifi
Added: Jul 6
Changed: Oct 11
Last Checked: Oct 16 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hartford Real Estate of Michigan
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Investment Insights
Based on property information with market context.
This 12-unit motel occupies a 5.01-acre property and includes a two-story owner’s home measuring 2,500 square feet, along with a garage, shed, and fenced backyard. The motel was built in 1950, and the property carries B2 and I-1 zoning. Two additional land areas are included within the overall acreage, supporting continued motel use or future redevelopment of the property.
The site provides 240 feet of frontage along Telegraph Road, south of Sibley Road. It is a short distance from three major highways and Metro Airport, with CVS, a credit union, residential development, and other commercial projects in the surrounding area. The property has been operated as a motel by four families over the past 75 years, with updates and improvements completed in recent years.
The site provides 240 feet of frontage along Telegraph Road, south of Sibley Road. It is a short distance from three major highways and Metro Airport, with CVS, a credit union, residential development, and other commercial projects in the surrounding area. The property has been operated as a motel by four families over the past 75 years, with updates and improvements completed in recent years.
Key Highlights
- 12‑unit motel on 5.01 acres
- Two‑story owner’s home with 2,500 square feet
- 240 feet of frontage on Telegraph Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,672
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,440
$493.4K
Cap Rate 7%
$352,457
$352.5K
Cap Rate 9%
$274,133
$274.1K
Market Conditions
NOI Build-Up for 6,296 SF
Gross rent
$94.4K $15.00/SF
− Vacancy
−$42.5K −$6.75/SF
EGI
$51.9K $8.25/SF
− OpEx
−$27.3K −$4.33/SF
NOI
$24.7K $3.92/SF
Area
Wayne County, MI
Vacancy
45.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,440
Cap Rate 7%
$352,457
Cap Rate 9%
$274,133
Alternative Uses
Best Use
Hotel Hospitality
$352.5K
$308.4K – $411.2K
NOI $24,672 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.36M
NOI $81,596 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48174, MI
33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Hero's Hall — 23156 King Rd, Brownstown Charter Twp, MI 48183
- Palace Motel — 19622 Telegraph Rd, Brownstown Charter Twp, MI 48174
Frequently Asked Questions
What type of property is this?
Motel - Motel property includes an on-site residence, garage, shed, and fenced backyard.
Where is this motel located?
The property is located at 19622 Telegraph Rd Brownstown Township, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 12‑unit motel on 5.01 acres; Two‑story owner’s home with 2,500 square feet; 240 feet of frontage on Telegraph Road
