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    OFF-MARKET
    Distribution centers

    21201 Telegraph Rd, Southfield, MI 48033-4244

    6,650 SF 0.57 ac lot Built 1953
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-0047431
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1953
    Total area 6,650 SF
    Lot 0.57 ac (24,829 SF)
    Zoning code I-1
    APN 76-24-32-400-011
    UPID US43-0047431
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shepherd's Landscaping Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Telegraph Warehouse LLC · 1 yrs held
    Telegraph Warehouse LLC
    since 2025
    3 recorded transactions
    2025
    2009
    2005
    $400,000
    Zoning & alternative use
    I-1 · Southfield, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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