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

    18918 Telegraph Rd Brownstown Charter Township, MI 48174

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    8,000 SF Freestanding Building - For Lease

    Lot size:
    8,000 SF

    Property Features for 18918 Telegraph Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF
    Total Rate
    10000

    Spaces For Lease

    at 18918 Telegraph Rd, Brownstown Charter Township, MI 48174 Contact us
    Unit Space Available

    $15 /Mo

    Size
    8,000 SF
    Contact us

    We can help!

    Listing Contact
    Scott Sonenberg
    Scott Sonenberg

    Listing Agency: Landmark Commercial Real Estate Services Listing Agent: Scott Sonenberg

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

    Learn more

    Overview

    This exceptional 8,000-square-foot freestanding retail building presents a unique investment opportunity in Brownstown Charter Township, Michigan. Situated on a 0.64-acre lot at 18918 Telegraph Rd, zip code 48174, this single-tenant property offers significant potential for a variety of commercial uses. Currently vacant, the entire 8,000 square feet is available for lease, providing ample space for a large-scale retailer or the possibility of subdividing for multiple tenants. The building's location in Wayne County offers excellent visibility and accessibility, with high traffic counts on Telegraph Road. This prime retail space is ideal for businesses seeking a prominent presence in a thriving community. The property's size and layout provide flexibility for customization to meet specific business needs. The 0.64-acre lot offers ample parking and potential for outdoor displays or expansion. This is a rare opportunity to secure a substantial retail space in a desirable location with high growth potential. The property is classified as Commercial, Freestanding, and is categorized as Retail. Interested parties are encouraged to inquire for further details and leasing information. The property's latitude and longitude coordinates are 42.1683143 and -83.2678054 respectively.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    Brownstown Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2678054
    Latitude
    42.1683143

    Nearby Similar for Lease

    • $14 SF/Yr
      13,813 SF

      Shops at Tanglewood: Retail Space

      Brownstown Twp retail space, high traffic area.
      25731-25755 Telegraph Rd, Brownstown Charter Township, MI 48134
      View Details
    • $16 SF/Yr
      4,244 SF

      Prime Medical Office Space in Brownstown

      1.46-acre medical office building for lease
      19200 Allen Rd, Brownstown Charter Township, MI 48183
      View Details
    • Contact for pricing
      3,040 SF

      Brownstown Center Retail Space

      High-traffic retail space, ample parking.
      23115 Telegraph Rd, Brownstown Charter Township, MI 48183
      View Details
    • $11 SF/Yr
      16,924 SF

      Prime Medical Office Space in Brownstown

      Modern medical suites, ample parking.
      19725 Allen Rd, Brownstown Charter Township, MI 48183
      View Details
    • $18 SF/Yr
      36,168 SF

      West-Tel Plaza Retail Space

      Brownstown, MI retail space available.
      23780 Rd, Brownstown Charter Township, MI 48183
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 8,000 SF Freestanding Building - For Lease
    Where is this individual retail property located?
    The property is located at 18918 Telegraph Rd Brownstown Charter Township, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Prime Brownstown location.; High-traffic Telegraph Road visibility, near I-75 and Amazon.; Adjacent to new development (apartments & Taco Bell).
    (248) 488-2620 Call to check price and availability
    Request Owner's contact information
    18918 Telegraph Rd Brownstown Charter Township, MI 48174
    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.
    18918 Telegraph Rd
    Brownstown Charter Township, MI 48174
    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
    18918 Telegraph Rd Brownstown Charter Township, MI 48174
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Sonenberg
    Scott Sonenberg
    Real Estate License ID: 6501368365
    (248) 488-2620
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!