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15740 Telegraph Rd Redford, MI 48239-3530

OFF-MARKET Manufacturing properties Google Maps
5,910 SF 0.23 ac lot Built 1945
Entity Owned 4-yr Hold Free & Clear
Estimated value (blended)
$290k
Range $261k – $319k (±10%)
Property ID US43-1121790

Property summary

AI-generated overview

This exceptional commercial property, located at 15740 Telegraph Road in Redford, Michigan, presents a unique investment or leasing opportunity. The building offers over 5,700 square feet of versatile industrial space situated on a half-acre lot (0.52 acres). Its prime location on the heavily trafficked Telegraph Road (M-24) ensures unparalleled visibility and accessibility, ideal for a wide range of businesses. The property boasts ample parking with over 50 spaces available, providing convenient access for employees and customers. This presents a rare chance to establish or expand your business in a thriving Redford Township location. The property's size and location make it suitable for various industrial uses. The owner is open to both sale and lease options, offering flexibility for potential buyers or tenants. This is a remarkable opportunity to secure a prominent commercial presence in a highly desirable area. Serious inquiries are encouraged to explore the potential of this exceptional property. The asking price for the sale is $850,000.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1945
Construction CONCRETE BLOCKS
Total area 5,910 SF
Lot 0.23 ac (10,019 SF)
APN 79 013 01 0134 000
UPID US43-1121790

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$290k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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