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    2050 Telegraph Rd Bloomfield Hills, MI 48302

    Sponsored
    For Lease
    Contact for pricing

    Prime location, 44,372 SF, high traffic.

    Lot size:
    44,372 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44,372 square foot big box retail space presents a rare investment opportunity in the thriving Bloomfield market. Formerly occupied by an LA Fitness, this two-story building boasts a wealth of existing features ideal for a variety of uses. Situated on a four-acre lot, the property enjoys a highly visible location north of Square Lake Road, directly across from a Costco and the Henry Ford Medical Center, and adjacent to Carl's Golfland. The building's strategic placement along heavily trafficked Telegraph Road ensures maximum exposure to potential customers. The interior features include a basketball court, swimming pool, racquetball courts, and a daycare center, offering significant potential for adaptive reuse. Built in 2003, the single-tenant building is entirely vacant, providing a blank canvas for a new business. The B-3 General Business zoning allows for a wide range of commercial uses, as detailed in the attached zoning ordinance. This property offers unparalleled visibility, accessibility, and flexibility, making it an exceptional opportunity for a discerning investor or business owner seeking a prominent presence in a high-demand area. The substantial square footage and existing amenities provide a unique advantage in the competitive retail landscape. Don't miss this chance to acquire a truly remarkable commercial property.

    Property Features for 2050 Telegraph Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,372 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    44,372 SF

    HighLights

    • 44,372 SF single‑tenant retail big box building.
    • Located in Bloomfield, MI, near Square Lake Rd, Costco, and Henry Ford Medical Center.
    • Situated on 4 acres with B‑3 General Business zoning.
    • Features include a basketball court, pool, racquetball courts, and daycare center.
    • Built in 2003, the building is two stories and currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3025183
    Latitude
    42.6085924

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, 44,372 SF, high traffic.
    Where is this individual retail property located?
    The property is located at 2050 Telegraph Rd Bloomfield Hills, MI.
    What are key features of this property?
    This property features: 44,372 SF single-tenant retail big box building.; Located in Bloomfield, MI, near Square Lake Rd, Costco, and Henry Ford Medical Center.; Situated on 4 acres with B-3 General Business zoning.
    Request Owner's contact information
    2050 Telegraph Rd Bloomfield Hills, MI 48302
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    Bloomfield Hills, MI 48302
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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
    2050 Telegraph Rd Bloomfield Hills, MI 48302
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