Property profile

2220 Telegraph Rd Dearborn, MI 48128

OFF-MARKET
Medical Office Space
Property ID
US43-1241911
5,000 SF 0.23 ac lot Built 1959
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a multi-business commercial space in West Dearborn on N Telegraph Road, situated on a 0.23-acre lot with parking available at both the front and rear. It comprises approximately 1,600 square feet and was renovated in 2025. The interior layout includes seven fully built-out rooms configured to support a range of professional and retail uses, including beauty and wellness, medical and wellness services, and related small service and office functions. The building is designed to accommodate both retail and professional services and is suitable for uses such as hair, nail, lash, and brow services; boutique retail; small food or beverage vendors; and offices such as title/insurance/mortgage or consulting and private-practice formats. The space includes treatment capabilities associated with aesthetic and wellness services, including equipment referenced as Pico Laser, Candela GentleMax, Morpheus8, and HydraFacial.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Total area 5,000 SF
Lot 0.23 ac (10,019 SF)
Zoning code BA
APN 82 09 161 01 002
UPID US43-1241911

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Spa & Massage Center
  • Real Estate Agency
  • Real Estate Agency
  • Physician

Location

2220 Telegraph Rd Dearborn, MI 48128-2213
Dearborn metro Census 574600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$225k

Owner & transaction history

since 2017
1 recorded transaction
2017
$260,000

Zoning & alternative use

BA · Dearborn, MI
Zoning description

RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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