Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2000 N Telegraph Rd Dearborn, MI 48128
    Back to Search
    Property profile & analytics

    2000 N Telegraph Rd, Dearborn, MI 48128

    View on Map
    • Retail space
    • 10,162 SF
    • 0.22 lot acres
    For Lease
    $2,750/Mo
    View Listing →
    Warehouse Space with Office For Lease
    $2,750/Mo
    2,000 SF

    Warehouse Space with Office

    2000 sq ft warehouse with office and convenient access.

    2000 N TELEGRAPH Road, Dearborn, MI 48128
    View Listing
    Property ID
    US43-4277369
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $875,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dream Furniture / Furniture & Home Goods / Home Decor Store
    • Kearns Brothers / Roofing Company / General Contractor

    Property Details for 2000 N Telegraph Rd

    Year built
    1946
    Lot size
    0.22 lot acres
    Zone code
    BA
    Property type
    Retail space
    APN
    82 09 161 01 026
    APU
    820916101026

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 10, 2023 $800,000 Kamofaha Enterprise LLC Lhr Industries LLC Deed $640k · Horizon Bank
    Apr 12, 2021 — Lhr Industries LLC — Deed · related $926k · Telhio Cu INC
    May 11, 2018 — Beech Tel Investments LLC Kearns,michael F Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $885,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $944,000
      Market price range: $783k - $1.63M
      AI Estimate
      $944,000
      Market price range: $783k - $1.63M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,190,000
      Current use
      RESTAURANT
      $1,455,000
      Change: +22% Conversion: Easy
      OFFICE BUILDING
      $1,380,000
      Change: +16% Conversion: Easy
      MEDICAL BUILDING
      $1,070,000
      Change: -10% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,035,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.272
    Latitude
    42.3255
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,376
    $0.00
    $0.00
    $385,100
    -
    $0.00
    $0.00
    $770,200

    Comparable in this City

    • Value Estimation
      $1,115,000
      6,960 SF

      24417 Frd Rd

      RETAIL STORES (PERSONAL SERVICES)
      24417 Frd Rd, Dearborn, MI 48128-1130
      View Details
    • Value Estimation by Request
      1,400 SF

      23439 Frd Rd

      RETAIL STORES (PERSONAL SERVICES)
      23439 Frd Rd, Dearborn, MI 48128-1257
      View Details
    • Value Estimation by Request
      1,440 SF

      1142 Telegraph Rd

      RETAIL STORES (PERSONAL SERVICES)
      1142 Telegraph Rd, Dearborn, MI 48128-1203
      View Details
    • Value Estimation by Request
      1,318 SF

      626 Telegraph Rd

      RETAIL STORES (PERSONAL SERVICES)
      626 Telegraph Rd, Dearborn, MI 48128-1620
      View Details
    • Value Estimation
      $705,000
      5,900 SF

      650 Telegraph Rd

      RETAIL STORES (PERSONAL SERVICES)
      650 Telegraph Rd, Dearborn, MI 48128-1620
      View Details
    • Value Estimation by Request
      1,560 SF

      2028 Telegraph Rd

      RETAIL STORES (PERSONAL SERVICES)
      2028 Telegraph Rd, Dearborn, MI 48128-1252
      View Details

    Similar Nearby for Sale

    • $130,000
      Pending

      Profitable Smoke Shop Business Opportunity

      Established smoke shop with inventory, online store, and lottery.
      18512 Outer Dr W, Dearborn, MI 48128
      View Details
    • New
      Contact for pricing
      6,500 SF

      Freestanding Bank Branch with Drive-Thru

      Single-story freestanding bank building with drive-thru and ample parking on a signalized hard-corner site.
      850 North Telegraph Rd, Dearborn, MI 48128
      View Details
    • Contact for pricing

      Free-Standing Former Bank Branch

      Single-story former bank with drive-thru infrastructure and ample surface parking on a signalized hard corner site.
      850 North Telegraph Rd, Dearborn, MI 48128
      View Details
    • Contact for pricing

      Retail Property For Sale

      Retail property available for purchase in Dearborn, Michigan.
      1150 N Telegraph Rd, Dearborn, MI 48128
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,500 SF

      Dearborn Retail Space Available

      Prime retail space in Dearborn, high-traffic location, flexible layout.
      1314 N Telegraph Rd, Dearborn, MI 48128
      View Details
    • $1,750 /Mo

      High-Traffic Retail/Office Space Available

      Versatile property on Telegraph Road with excellent visibility.
      2028 N Telegraph Rd, Dearborn, MI 48128
      View Details
    • $1,750 /Mo
      1,558 SF

      Dearborn Commercial Space For Lease

      Versatile commercial property on busy Telegraph Road in Dearborn.
      2028 N Telegraph Rd, Dearborn, MI 48128
      View Details
    • Contact for pricing
      Pending

      Retail Storefront in Dearborn Heights

      Updated retail space with parking in a high-traffic area.
      2020 N Telegraph Rd, Dearborn, MI 48128
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2000 N Telegraph Rd
    Dearborn, MI 48128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2000 N Telegraph Rd, Dearborn, MI, 48128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!