Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downriver Area Commercial Space Title is generated by Realmo AI

    8830 TELEGRAPH Road, Taylor, MI 48180

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $13,500/Mo $9 SF/Yr (calc)

    Sprawling 18,000 sq ft commercial space in Taylor City.

    Type:Rental
    Property size:
    18,009 SF
    Lot size:
    1.73 Acres
    Added:
    Aug 17, 2023
    Days on Market:
    1010
    Last Refresh:
    May 19 at 8:44 pm

    Property Features for 8830 TELEGRAPH Road

    General Information

    Standard status
    Active
    Size
    18,009 SF
    Lot size
    1.73 Acres
    Property subtype
    Rental

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    Victor F Fawaz
    Victor F Fawaz

    Listing agent Victor F Fawaz License #6501298881

    Listing office RE/MAX Team 2000

    Listing date Aug 17, 2023

    Source Exitrealty

    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 RE/MAX Team 2000

    HighLights

    • Expansive 18,000 sq ft of space suitable for diverse commercial ventures.
    • Prime location on Telegraph, covering the Downriver area.
    • Ample parking with large lots on the side and in the back.
    • Includes an office center for business management.
    • Features central air conditioning.
    • Owner will consider selling the property outright.

    Overview

    This commercial space offers 18,000 square feet suitable for various businesses, including a furniture store, supermarket, or logistics operation. Located on Telegraph Road, it serves the Downriver area. The property features a large parking lot on the side and additional parking in the back. An office center is available for business operations. Additional amenities include restrooms and central air. The owner will consider selling the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luxury Home Furniture Furniture & Home Goods

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2705585
    Latitude
    42.2437187

    Nearby Similar for Lease

    • $2,500/Mo
      1,632 SF

      Upscale Office Building in Taylor

      Turnkey office space with high-end finishes and professional layout.
      23394 Goddard Road, Taylor, MI 48180
      View Details
    • $4,000/Mo
      2,794 SF

      High-Traffic Retail Space in Taylor

      Rare leasing opportunity on Telegraph Rd with high visibility.
      14239 TELEGRAPH Road, Taylor, MI 48180
      View Details
    • $2,400/Mo
      2,400 SF

      Versatile Commercial Space on Van Born

      2400 sq ft commercial space on high-traffic Van Born Road.
      23753 VAN BORN Road, Taylor, MI 48180
      View Details
    • $2,000/Mo
      27,000 SF

      Eureka Road Retail Leasing Opportunity

      Aggressively priced retail spaces for lease in Taylor, Michigan.
      22263-23307 Eureka Rd, Taylor, MI 48180
      View Details
    • $1,750/Mo
      1,638 SF

      Goddard Road Stand-Alone Building

      Stand-alone building on Goddard Road with endless business potential!
      23380 GODDARD Road, Taylor, MI 48180
      View Details
    • $22,000 SF/Yr
      20,000 SF

      Remodeled Multiuse Building with Parking

      Completely remodeled building with parking for over 100 automobiles.
      25185 GODDARD Rd, Taylor, MI 48180
      View Details
    • $2,000/Mo

      Eureka Road Retail/Office Space

      Multi-year lease available in a high-traffic location on Eureka Road.
      24415 Eureka Rd, Taylor, MI 48180
      View Details
    • $25 SF/Yr
      3,286 SF

      Retail Opportunity on Telegraph Road

      Retail property available for lease on Telegraph Road in Taylor.
      9015 Telegraph Road, Taylor, MI
      View Details
    • Contact for pricing
      415,606 SF

      Large Leased Office Building Available

      415,606 SF office building 100% leased until June 2027.
      21001 Van Born Road, Taylor, MI
      View Details
    • Contact for pricing
      185,635 SF

      Retail Space in Burlington Square Plaza

      185,635 SF retail space in Taylor's regional retail corridor.
      22269-22331 Eureka Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      4,000 SF

      Retail Spaces in Taylor, Michigan

      Retail spaces available for lease in Taylor, Michigan.
      23495 Eureka Road | Taylor, MI 48180
      View Details
    • Contact for pricing
      2,104 SF

      Office Space Available for Lease

      Office space available for lease, expiring 12/31/2016.
      20500 Eureka Road, Taylor, MI, 48180
      View Details

    FAQs

    What type of property is this?
    Retail space - Sprawling 18,000 sq ft commercial space in Taylor City.
    Where is this retail space located?
    The property is located at 8830 TELEGRAPH Road Taylor, MI.
    What is the lease rate?
    The lease rate is $13,500 /Mo.
    What are key features of this property?
    This property features: Expansive 18,000 sq ft of space suitable for diverse commercial ventures.; Prime location on Telegraph, covering the Downriver area.; Ample parking with large lots on the side and in the back.
    (313) 561-0900
    We can help!
    Listing Contact
    Victor F Fawaz
    Victor F Fawaz
    Real Estate License ID: 6501298881
    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
    8830 TELEGRAPH Road, Taylor City, MI 48180
    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!