12161 Telegraph Rd Redford, MI 48239-1414
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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