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Financial
Distress signals
Property profile

101 Telegraph Rd Waterford, MI 48328

OFF-MARKET
Drive through restaurants
Property ID
US43-0175445
1,493 SF 0.5 ac lot Built 1978
Last sale Sep 2026 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1,400-square-foot commercial building located at the gateway between Waterford and Pontiac in a high-traffic area. It has historically been used as a restaurant and underwent a modern, comprehensive renovation in 2022–2023. The building is configured with restaurant support infrastructure, including ventilation hoods, grease traps, and walk-in refrigeration/storage units.

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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$147k
Effective rate7.22%

Value estimate

· Oct 2026
$235k
$212k – $259k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables11

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?
BI
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 agency18.4
Bakery10.3
Law Firm9.9

Location

101 Telegraph Rd Waterford, MI 48328-3763
County assessor Recorded deeds · 5 transfers 11 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1026 Scott Lk, Waterford, MI 48328-1522 $225,000 Dec 2025 1,200 SF
1028 Huron, Waterford, MI 48328-3730 $125,000 Jul 2025 1,500 SF
2548 Elizabeth Lk, Waterford, MI 48328-3312 $210,000 Apr 2025 1,134 SF
2571 Dixie, Waterford, MI 48328-1705 $125,000 Mar 2025 2,109 SF
2380 Scott Lk, Waterford, MI 48328-1666 $60,000 Aug 2023 1,967 SF
2250 Dixie, Waterford, MI 48328-1808 $465,000 Feb 2022 1,441 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
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