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Property profile & analytics
OFF-MARKET
Outlet malls

12161 Telegraph Rd Redford, MI 48239-1414

5,082 SF 0.14 ac lot Built 1980
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US43-1189679
Property summary
AI-generated overview

This exceptional 3,760 square foot industrial property, situated on a 0.27-acre lot at 12161 Telegraph Road in Redford, Michigan, presents a compelling investment opportunity. The building boasts a highly visible, attractive showroom of approximately 4,300 square feet, featuring large glass windows facing the busy Telegraph Road, ensuring maximum exposure to high traffic volume. The property is zoned for light industrial use, offering flexibility for a variety of businesses and retail operations. A substantial warehouse area is located at the rear of the building, complete with a large drive-up door, ideal for loading and unloading. The property's layout allows for potential division into separate units, catering to diverse business needs. A sizable second-floor space provides additional office or storage capacity. Its convenient location offers easy access to major highways, enhancing logistical efficiency. The property is not located within a green zone, eliminating environmental restrictions. This prime location and versatile space make this an exceptional opportunity for businesses seeking high visibility and convenient access. The asking price is $1,150,000.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1980
Construction CONCRETE BLOCKS
Total area 5,082 SF
Lot 0.14 ac (6,098 SF)
APN 79 036 01 0281 004
UPID US43-1189679
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Iman Properties LLC · 6 yrs held
Iman Properties LLC
since 2020
2 recorded transactions
2020
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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