Property profile

18417 Telegraph Rd Brownstown, MI 48174

OFF-MARKET
Auto shops
Saved see the list in your Dashboard
Property ID
US43-1111423
7,500 SF 2 ac Built 1976
Last sale Oct 2022·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 7,500 square foot industrial property, located at 18417 TELEGRAPH in Romulus, MI, presents a lucrative business opportunity. Situated on a highly visible 2-acre lot on busy Telegraph Road, this established business boasts significant daily traffic, ensuring maximum exposure. The property currently operates as a successful auto dealership and body shop, complete with all necessary licenses included in the sale. The well-equipped body shop features a 22' x 7' three-post frame…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$136k
Effective rate6.16%

Value estimate

· Nov 2026
$855k
$770k – $941k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$48 – $109
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.7
Nail Salon9.4
Kitchen & Bath9.0

Location

18417 Telegraph Rd Brownstown, MI 48174-9546
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36050 Goddard, Romulus, MI 48174-3850 $280,000 Feb 2025 2,604 SF
27455 Van Born, Romulus, MI 48174-2316 $269,000 Jan 2025 2,400 SF
6363 Middlebelt, Romulus, MI 48174-4209 $300,000 Jan 2025 3,216 SF
12750 Huron Riv, Romulus, MI 48174-1157 $350,000 May 2021 2,761 SF
17950 Merriman, Romulus, MI 48174-9487 $125,000 Feb 2021 3,386 SF
29933 Beverly, Romulus, MI 48174-2031 $235,000 Aug 2020 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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