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Property profile & analytics
OFF-MARKET Estimated value $5,390,000
Grocery and convenience stores

14000 Telegraph Rd Detroit, MI 48239-2855

63,782 SF 3.33 ac lot Built 1957
Individually Owned Absentee Owner Free & Clear
Property ID
US43-0984040
Property summary
AI-generated overview

This exceptional 11,400 square foot retail end cap space is situated within the Telcraft Shopping Center in Detroit, Michigan, at the highly visible northeast corner of Telegraph Road and I-96/Schoolcraft Road. Boasting a prime location experiencing well over 100,000 vehicles daily, this former Family Dollar store presents a significant opportunity for a variety of retail businesses. The property is a single-tenant space within Wayne County, offering ample parking for customer convenience. A large pylon sign provides excellent visibility and brand exposure for potential tenants. The property's size and location make it an attractive option for businesses seeking high foot traffic and easy access from major roadways. The address is 14000 Telegraph Road, Detroit, MI 48239. This end-cap space offers a unique opportunity to establish a strong retail presence in a busy commercial area. The property type is retail, and the tenancy is single. The property is vacant and ready for immediate occupancy.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1957
Total area 63,782 SF
Lot 3.33 ac (145,055 SF)
Zoning code B3
APN 22009303.
UPID US43-0984040
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
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.39M
Blend (final) Blend
$5.39M
Owner & transaction history
JERRY JAMEEL
JERRY JAMEEL
Zoning & alternative use
B3 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7…

Zone name Shopping District
General category COMMERCIAL
Zone area 200.46 ac
Source code of ordinances
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