Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    4255 Telegraph Road Bloomfield Hills, MI 48302

    View on Map
    Claim this Listing
    For Sale
    $495,000

    LAND - Bloomfield Hills, MI

    Lot size:
    3.70 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    11
    Last Refresh:
    May 1 at 7:06 pm

    Property Features for 4255 Telegraph Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    1916326144
    Lot size
    3.70 Acres

    Taxes and HOA fees

    Tax Description
    T2N, R10E, SEC 16 PART OF E 1/2 OF SW 1/4 BEG AT PT DIST N 00-17-34 E 223.22 FT & N 02-07-15 E 219.52 FT & N 04-28-27 E 1064.16 FT & N 87-43-13 W 1104.13 FT FROM S 1/4 COR, TH S 02-01-28 W 183.57 FT, TH N 86-42-53 E 134.56 FT, TH S 03-12-34 E 176.21 FT, TH S 68-22-24 W 17.63 FT, TH S 78-19-24 W 110.05 FT, TH S 60-09-24 W 40.87 FT, TH S 48-33-24 W 62.94 FT, TH ALG CURVE TO RIGHT, RAD 5654.65 FT, CHORD BEARS N 00-50-52 E 445.50 FT, DIST OF 445.62 FT, TH S 87-43-13 E 75.73 FT TO BEG, ALSO BEG AT PT DIST N 00-17-34 E 223.22 FT & N 02-07-15 E 219.52 FT & N 04-28-27 E 1064.16 FT & N 87-43-13 W 650.13 FT & S 04-30-10 W 290.10 FT & S 88-32-10 W 36.98 FT & S 56-11-50 W 125.74 FT FROM S 1/4 COR, TH S 56-11-50 W 28.98 FT, TH S 30-30-40 W 101.30 FT, TH
    Tax Annual Amount
    4851

    Utilities

    Sewer type
    Unknown
    Water front features
    Pond

    We can help!

    Listing Contact
    Adam Waechter
    Adam Waechter

    Listing agent Adam Waechter License #6502363093

    Listing office The Agency Hall & Hunter 442 S Old Woodward, Birmingham, MI

    Listing date Apr 21, 2026

    MLS# 20261027162 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomfield Hills Land Opportunity

    This 3.7-acre lot presents an opportunity for residential development in Bloomfield Township. The site shares a pond, offering potential water views. The property is zoned for residential use, allowing for the construction of a custom home. Alternatively, the site could be suitable for a builder to develop multiple homes or condominiums. The location provides convenient access to Bloomfield Hills High School, Way Elementary, restaurants, shopping, parks, private clubs, and Costco. The property is located in Bloomfield Hills, Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2799112
    Latitude
    42.5771211

    Nearby Similar for Sale

    • $49,900
      24,120 SF

      Established Spa Business Opportunity

      Ready-to-run beauty spa business with inventory included for sale.
      36880 Woodward Avenue, Bloomfield Hills, MI 48304
      View Details
    • $799,000

      Bloomfield Hills Land Opportunity

      Almost 4 acres in Bloomfield Hills near Square Lake.
      2171 Klingensmith Road, Bloomfield Hills, MI 48302
      View Details
    • $300,000

      Buildable Lot with Lake Views

      0.78 acre buildable lot with lake views in Bloomfield Hills.
      0001 Klingensmith Road, Bloomfield Hills, MI 48302
      View Details
    • $325,000

      Buildable Lot with Lake Views

      Almost an acre buildable lot with lake views.
      0002 Klingensmith, Bloomfield Hills, MI 48302
      View Details
    • $300,000

      Bloomfield Hills Buildable Lot

      Buildable lot with lake views in Bloomfield Hills, Michigan.
      0003 Klingensmith, Bloomfield Hills, MI 48302
      View Details
    • $999,999

      Bloomfield Hills Lakefront Land Opportunity

      Rare lakefront homesite in gated community on Upper Long Lake.
      1729 Heron Ridge Drive, Bloomfield Hills, MI 48302
      View Details
    • $770,000

      Bloomfield Hills Building Site

      3.4 acre building site in Bloomfield Hills.
      E Long Lake Road, Bloomfield Hills, MI 48304
      View Details
    • $100,000

      Square Lake Waterfront Land

      One-acre waterfront lot on all-sports Square Lake.
      0004 Klingensmith, Bloomfield Hills, MI 48302
      View Details
    • $449,969

      Residential Land in Bloomfield Hills

      Land for sale in Bloomfield Hills, build your dream home.
      3435 Devon Brook Drive, Bloomfield Hills, MI 48302
      View Details
    • $4,500,000
      12,825 SF

      Bloomfield Hills Corporate Retreat Potential

      Spacious Bloomfield Hills property suitable for corporate retreat or B&B.
      1330 OXFORD Road, Bloomfield Charter Township, MI 48304
      View Details
    • $25
      33,000 SF

      Bloomfield Hills Professional Office Building

      33,000 sq ft Bloomfield Hills office building for sale.
      39520 Woodward Avenue, Bloomfield Hills, MI 48304
      View Details
    • $1,495,000

      Bloomfield Hills Building Site

      Prime residential land in prestigious Bloomfield Hills neighborhood.
      Brookdale Rd, Bloomfield Hills, MI 48304
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.7 acre residential land in Bloomfield Township.
    Where is this residential land & home lot located?
    The property is located at 4255 Telegraph Road Bloomfield Hills, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Large 3.7‑acre lot in Bloomfield Township; Opportunity to build a custom home; Shared access to a tranquil pond, offering potential water views
    (248) 644-3500
    We can help!
    Listing Contact
    Adam Waechter
    Adam Waechter
    Real Estate License ID: 6502363093
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    4255 Telegraph Road, Bloomfield Hills, MI 48302

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!