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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
1605 Telegraph Rd Bloomfield Hills, MI 48302-0044
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-4259149
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
19,829 SF
Lot
1.18 ac (51,401 SF)
Zoning code
BI
APN
C -19-06-201-038
UPID
US43-4259149
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
1615 S Telegraph LLC · 2 yrs held
1615 S Telegraph LLC
since 2024
Last sale
$560,000
7 recorded transactions
Zoning & alternative use
BI · Bloomfield Hills, MI
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bloomfield Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomfield Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$560,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $560k (Mar 14 2024)
Last sale anchor
$560k
Mar 14 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$28 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,113
Tax year 2023
Assessed value
$924,850
Assessed 2024
Previous assessed
$883,590
+4.7% YoY
Effective rate
2.28%
On assessed value
Total market value
$1,849,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
YES
Buildings
4
Stories
1
Units
1
Total area
19,829 SF
Lot
1.18 ac (51,401 SF)
Zoning code
BI
APN
C -19-06-201-038
UPID
US43-4259149
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Bloomfield Hills, MIZoning BI · permitted uses
BI · Bloomfield Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1972
Heating
YES
Stories
1
Buildings
4
Units
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
1615 S Telegraph LLC
Entity
Mailing address
1615 S TELEGRAPH RD, BLOOMFIELD HILLS, MI 48302-0065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
—
1615 S Telegraph LLC
31 Ray LLC
Quit Claim Deed
related
—
Mar 6, 2015
—
31-ray LLC
1605 S Telegraph LLC
Quit Claim Deed
related
—
Jul 8, 2011
$560,000
1605 South Telegraph LLC
Ardent Service Corp
Grant Deed
—
Apr 15, 2010
—
Argent Service Corp
1605 Associates LLC
Deed In Lieu Of Foreclosure
related
—
Jun 11, 2009
—
1605 Associates LLC
Harbor & Telegrap-1605 LLC
Quit Claim Deed
related
—
Dec 26, 2002
—
1605 Associates LLC
—
Trustees Deed
related
$2,125,000 · Clarkston State Bank
Mar 27, 2001
—
Harbor Telegraph 1605 LLC
—
Trustees Deed
related
$2,000,000 · Bank One Michigan
May 17, 1999
—
Harbor Telegraph-1605 LLC
Aga Gas INC
Grant Deed
$2,300,000 · National City Bank Michigan
—
—
Harbor Telegraph - 1605 LLC
—
Deed Of Trust
related
$150,000 · Republic Bank
—
—
1605 South Telegraph LLC
—
Deed Of Trust
related
—
—
—
1605 Associates LLC
—
Deed Of Trust
related
$2,400,000 · Franklin Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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