24293 Telegraph Rd Southfield, MI 48034
- Office buildings
- 49,969 SF
- 2.46 lot acres
Current Use by Public Records
- Alexandria Home Solutions / Contractor / Deck Builder
- The National Appellate Clinic LLC / Legal Services
- Personic Images / Embroidery Shop
- The Company You Keep Trucking / Trucking Company
- DIRECTV & AT&T - Authorized Retailer / Internet Service Provider
Property Details for 24293 Telegraph Rd
- Year built
- 1962
- Lot size
- 2.46 lot acres
- Property size
- 49,969 SF
- Zone code
- I-1
- Property type
- Office buildings
- APN
- 76-24-29-276-040
- APU
- 762429276040
Description
This exceptional two-story executive office building, located at 24293 Telegraph Road in Southfield, Michigan, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1970 and extensively renovated in 2000, the building boasts a total of 43,000 square feet, with 13,099 square feet currently vacant and available for lease. The property is situated in Oakland County and features multiple tenancy options, catering to a variety of business needs. Spaces range from a minimum of 2,777 square feet to a maximum contiguous space of 10,322 square feet, providing ample room for expansion or consolidation. The building's strategic location in Southfield offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This well-maintained property presents a unique opportunity to establish a thriving business presence in a desirable and established commercial area. The building's modern amenities and flexible space options make it an ideal choice for companies seeking a professional and efficient work environment. Interested parties are encouraged to inquire about available space and lease terms. The property's address is 24293 Telegraph Road, Southfield, MI 48034.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $970,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $815,000
- 6.5%
- $840,000
- 7%
- $795,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $925,000
- Mixed-Use
- $975,000
- Hospitality
- $780,000
- Educational
- $965,000
- Residential Income
- $850,000
- Energy
- $840,000
- Income-Based Land
- $935,000
- Food Service
- $920,000
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2803
- Latitude
- 42.4664
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
