Realmo Analytics

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Property profile

23390 Telegraph Rd Southfield, MI 48033

OFF-MARKET
Other automotive properties
Property ID
US43-0346031
6,080 SF 0.39 ac lot Built 1955
Last sale Sep 2024 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a licensed automotive dealership and service shop located on Telegraph Road, configured with shop space intended for equipment-supported vehicle work. Included shop equipment is described as including an air compressor, three hoists, a tire changer, a wheel balance machine, and a welder. The site is characterized by substantial street frontage on Telegraph Road. An additional option described in the listing involves pairing the automotive facility with a former McVee’s…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value$222k
Assessed land$38k
Assessed improvement$184k
Effective rate5.86%

Value estimate

· Nov 2026
$1.00M
$900k – $1.10M
AI approach$1.00M
Submarket $/SF estimate$694k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$56 – $200
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
The intent of this zone is to promote industrial uses
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.1
Dental Office23.2
Law Firm23.1

Location

23390 Telegraph Rd Southfield, MI 48033-4120
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24111 Telegraph, Southfield, MI 48033-3019 $580,000 Sep 2022 9,080 SF
24130 Telegraph, Southfield, MI 48033-3020 $617,000 Jul 2022 18,373 SF
24445 Telegraph, Southfield, MI 48033-3017 $720,000 Nov 2021 3,682 SF
26695 Telegraph, Southfield, MI 48033-5319 $525,000 Apr 2020 1,575 SF
23500 Telegraph, Southfield, MI 48033-4158 $550,000 Dec 2019 7,595 SF
21375 Telegraph, Southfield, MI 48033-4216 $850,000 Mar 2019 29,165 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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