Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Flt Rock, MI 48134
    Back to Search
    Property profile & analytics

    Flt Rock, MI 48134

    View on Map
    • Office buildings
    • 1,596 SF
    • 0.47 lot acres
    For Sale
    $295,000
    View Listing →
    Telegraph Road Frontage Building For Sale
    $295,000
    1,867 SF

    Telegraph Road Frontage Building

    High-traffic corner lot with excellent exposure on Telegraph Road.

    14931 Telegraph Rd, Flat Rock, MI 48134
    View Listing
    Property ID
    US43-1323983
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for Flt

    Lot size
    0.47 lot acres
    Property size
    1,596 SF
    Property type
    Office buildings
    APN
    03-006-120-00
    APU
    300612000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Monroe
    State
    Michigan
    Longitude
    -83.2961
    Latitude
    42.0937
    CBSA code
    33780
    CBSA name
    MONROE, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,854
    $0.00
    $0.00
    $53,900
    -
    $0.00
    $0.00
    $107,800

    Comparable in this City

    • Value Estimation by Request
      2,277 SF

      26144 Huron Riv Dr

      OFFICE BUILDING • 2,277 SF
      26144 Huron Riv Dr, Flat Rock, MI 48134-1561
      View Details
    • Value Estimation by Request
      1,913 SF

      28726 Division St

      OFFICE BUILDING • 1,913 SF
      28726 Division St, Flat Rock, MI 48134-1549
      View Details
    • Value Estimation
      $640,000
      9,950 SF

      4000 Leah Dr

      OFFICE BUILDING • 9,950 SF
      4000 Leah Dr, Flat Rock, MI 48134-6029
      View Details
    • Value Estimation
      $1,175,000
      18,525 SF

      25188 Telegraph Rd

      OFFICE BUILDING • 18,525 SF
      25188 Telegraph Rd, Brownstown, MI 48134-1072
      View Details
    • Value Estimation by Request
      700 SF

      26037 Huron Riv Dr

      OFFICE BUILDING • 700 SF
      26037 Huron Riv Dr, Flat Rock, MI 48134-1218
      View Details
    • Value Estimation by Request
      1,784 SF

      28650 Telegraph Rd

      OFFICE BUILDING • 1,784 SF
      28650 Telegraph Rd, Flat Rock, MI 48134-1508
      View Details

    Similar Nearby for Sale

    • $295,000

      Telegraph Road Frontage Building

      High-traffic corner lot with excellent exposure on Telegraph Road.
      Flt, Rock, MI 48134
      View Details
    • $169,900
      2,020 SF

      Flat Rock Commercial Opportunity

      Commercial building on high-traffic West Road, Flat Rock.
      23344 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $169,900
      Pending

      Commercial Building on High-Traffic Road

      2020 SF commercial building with ample parking on 0.89 acres.
      23344 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $260,000
      111,111 SF

      Commercial Lot on Telegraph Road

      Prime commercial lot suitable for various business ventures.
      Telegraph Telegraph, Brownstown, MI 48134
      View Details
    • $375,000
      8.62 Acres

      Flat Rock Land For Sale

      8.62 acres of land with multiple development opportunities.
      Vl Gibraltar Rd, Flat Rock, MI 48134
      View Details
    • $74,900

      Vacant Land on Telegraph Road

      Commercial land with high visibility and business potential.
      27200 Telegraph Rd, Flat Rock, MI 48134
      View Details

    Similar Nearby for Lease

    • $1,950 /Mo

      Versatile Commercial Property with Bonus Rooms

      Commercial property featuring bonus rooms suitable for office or studio.
      13011 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $14 SF/Yr

      Telegraph Road Commercial Space Available

      Retail, office, and restaurant spaces for lease on Telegraph.
      25731-25755 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • Contact for pricing

      Retail Space in Flat Rock

      Retail space available in a busy Flat Rock shopping center.
      27313-27419 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • Contact for pricing

      Retail Space at Tel-Rock Plaza

      Retail suites and turnkey restaurant space available for lease.
      26842-27000 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • Contact for pricing

      Flat Rock Retail Opportunity

      Retail, automotive, and parking spaces available for lease.
      27340 Telegraph Rd Flt, Rock, MI 48134
      View Details
    • Contact for pricing
      20,662 SF

      Retail Space in Flat Rock

      Retail space available in a busy shopping center.
      27313 Telegraph Rd, Flat Rock, MI 48134
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Flt
    Rock, MI 48134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Flt, Rock, MI, 48134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!