21201 Telegraph Rd, Southfield, MI 48033-4244
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.
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Shepherd's Landscaping Landscaping General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Southfield, MISouthfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.