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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Retail space

136 Telegraph Rd Dearborn, MI 48128-1618

2,810 SF 0.45 ac lot Built 1963
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0432546
Property summary
AI-generated overview

This exceptional 24 sq. ft. retail space is ideally situated at 136 N. Telegraph Rd in Dearborn, Michigan, zip code 48128. Previously occupied by a fitness center and a check cashing business, this single-tenant property offers a versatile layout suitable for a wide range of commercial ventures. The open floor plan is complemented by high ceilings and abundant natural light, creating a welcoming and functional environment. The property's prominent location on a busy thoroughfare ensures high visibility and significant foot traffic, providing excellent exposure for any business. A basement is also available for added storage, enhancing the property's practicality. This is a prime opportunity to establish a business in a thriving Dearborn community. The property is available for lease and presents a unique chance to capitalize on its high-traffic location and versatile space. This location offers immediate access to a dense population and high daily traffic counts. The property's previous uses demonstrate its adaptability to diverse business models.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction CONCRETE BLOCKS
Total area 2,810 SF
Lot 0.45 ac (19,602 SF)
Zoning code BA
APN 82 09 163 30 002
UPID US43-0432546
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
Current use
Occupant on record · Public records
  • CheckSmart Bank Credit Union
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M
Owner & transaction history
Dunia Investment LLC · 2 yrs held
Dunia Investment LLC
since 2024
Last sale
$1.1M
4 recorded transactions
2024
$1.1M
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BA · Dearborn, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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