Financial
Distress signals
Property profile

19357 Telegraph Rd Brownstown, MI 48174

OFF-MARKET
Commercial real estate
Property ID
US43-5175600
2,400 SF 1 ac lot Built 1969
Last sale Mar 2003 · $97,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,400 square foot industrial property, situated on a full acre of land in Romulus, Michigan, presents a unique investment opportunity. Located on Telegraph Road with significant frontage, the property boasts a fenced yard, providing ample secure space for operations. The zoning allows for a variety of uses, specifically catering to auto-related businesses. This includes, but is not limited to, auto sales, and minor mechanical repairs. The strategic location on Telegraph…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$92k
Effective rate6.16%

Value estimate

· Sep 2026
$75k
$68k – $83k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$50 – $234
Qualifying comparables11

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?
B-3
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 agency17.6
Law Firm14.0
Wholesale Shop13.8

Location

19357 Telegraph Rd Brownstown, MI 48174-9305
County assessor Recorded deeds · not on file 11 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7106 Wayne, Romulus, MI 48174-1637 $140,000 May 2024 770 SF
20602 Telegraph, Brownstown, MI 48174-9732 $398,000 Aug 2023 4,523 SF
17707 Telegraph, Brownstown, MI 48174-9676 $392,442 Mar 2023 1,296 SF
29841 Van Born, Romulus, MI 48174-2044 $400,000 Sep 2022 19,331 SF
20230 Telegraph, Brownstown, MI 48174-9317 $380,000 May 2020 7,482 SF
35890 Goddard, Romulus, MI 48174-3838 $2,500 Oct 2018 1,859 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
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