21201 Telegraph Rd Southfield, MI 48033-4244
- Distribution centers
- 6,650 SF
- 0.57 lot acres
Feb 09, 2025
Current Use by Public Records
- Shepherd's Landscaping / Tree Service / Construction
Property Details for 21201 Telegraph Rd
- Year built
- 1953
- Lot size
- 0.57 lot acres
- Property size
- 6,650 SF
- Zone code
- I-1
- Property type
- Distribution centers
- APN
- 76-24-32-400-011
- APU
- 762432400011
Description
This exceptional investment opportunity presents a 10,685 square foot industrial warehouse located at 21201 Telegraph Rd, Southfield, MI 48033, within Oakland County. The property, assessed at $750,000 ($70.19/sq ft), features three buildings on a single story, constructed in 1953 and 1985. The zoning is I-1. The warehouse space is comprised of 4,285 square feet of masonry-constructed office and heated warehouse areas, and an additional 6,400 square feet of wood frame/steel-sided building suitable for cold storage or non-insulated parking garages. A key advantage is the presence of a fenced storage yard, providing ample secure outdoor space. The property boasts main road frontage with excellent signage opportunities, ensuring high visibility. Conveniently located along a public transportation bus line on Telegraph Road, this property offers easy access for employees and clients. This is a single-tenant, NNN lease property, classified as Class C. The APN is 24-32-400-011. This is a rare opportunity to acquire a well-situated industrial warehouse with significant potential for growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.279
- Latitude
- 42.4465
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
