29877 Telegraph Rd Southfield, MI 48034
- Medical offices
- 6,164 SF
- 0.41 lot acres
Current Use by Public Records
- Dr. Robert P. Blau, MD / Ophthalmologist
- Farmbrook Pharmacy / Cafe / Coffee Shop
- Michigan Premier Internists / Medical Clinic
- Dr. William S. Gonte, MD / Sports Medicine Physician / Geriatrician
- Michigan Eyecare Institute / Optician / Optometrist
Property Details for 29877 Telegraph Rd
- Year built
- 1983
- Lot size
- 0.41 lot acres
- Property size
- 6,164 SF
- Zone code
- B-3
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 76-24-08-401-016
- APU
- 762408401016
Description
This exceptional medical office building, Farmbrook Medical Building II, presents a unique leasing opportunity in the thriving Southfield, Michigan market. Located at 29877 Telegraph Road, this 95,000 square foot building offers multiple tenancy options, with spaces ranging from a minimum of 1,581 square feet to a maximum contiguous space of 3,485 square feet. Currently, 6,970 square feet of space is available for lease. The building boasts ample parking with 485 spaces, ensuring convenient access for patients and staff. Constructed in 1986, the property sits on a generous 4.11-acre lot and is zoned B3. Its prime location in Southfield, Oakland County, Michigan (zip code 48034) provides excellent visibility and accessibility. The property's Assessed Parcel Numbers (APNs) are 24-08-401-016, 24-08-401-017, 24-08-401-018, 24-08-401-019, 24-08-401-020, 24-08-401-021, and a portion of 24-08-401-. This is an ideal location for medical practices seeking modern, well-maintained office space in a high-demand area. Don't miss this chance to establish or expand your practice in this premier Southfield location. Contact us today to schedule a viewing and discuss your leasing needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $480,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $380,000
- Mixed-Use
- $420,000
- Hospitality
- $500,000
- Educational
- $480,000
- Residential Income
- $390,000
- Energy
- $465,000
- Income-Based Land
- $365,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2879
- Latitude
- 42.5077
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
