Property profile

20 Telegraph Rd Waterford, MI 48328

OFF-MARKET
Drug stores
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Property ID
US43-0228388
14,780 SF 1.63 ac Built 2007
Last sale Jun 2015·$8,940,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Walgreens located at 20 S Telegraph Rd, Suite 1, Waterford Township, MI 48328. The 14,820 square foot property, built in 2008, sits on a 1.63-acre lot at a hard corner intersection with high traffic counts (45,000 VPD). The property boasts a strong absolute NNN lease with Walgreens, a corporate guaranteed tenant, with 8.1 years remaining on a 25-year lease (commencing 01/01/2008 and expiring 12/31/2032), including 10…

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?
$36k
Tax billed · 2023
Assessed value · 2024$734k
Effective rate4.93%

Value estimate

· Nov 2026
$1.79M
$1.61M – $1.97M
Submarket $/SF estimate$1.79M

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

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$68 – $164
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?
BI
JurisdictionOAKLAND

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 agency32.3
Law Firm21.6
Wholesale Shop13.2

Location

20 Telegraph Rd Waterford, MI 48328-3860
County assessor Recorded deeds · 8 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
2180 Dixie, Waterford, MI 48328-1806 $485,000 Dec 2024 4,445 SF
2611 Dixie, Waterford, MI 48328-1709 $375,000 Sep 2024 4,774 SF
4602 Elizabeth Lk, Waterford, MI 48328-2830 $200,000 Feb 2023 4,420 SF
130 Telegraph, Waterford, MI 48328-3865 $1,100,000 Dec 2022 20,606 SF
1032 Huron, Waterford, MI 48328-3730 $425,000 Oct 2020 6,986 SF
3127 Dixie, Waterford, MI 48328-1602 $100,000 Feb 2019 5,244 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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