Property profile

23300 Telegraph Rd Southfield, MI 48033

OFF-MARKET
Motels
Property ID
US43-1552232
21,856 SF 0.92 ac lot Built 1966
Entity Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1966
Total area 21,856 SF
Lot 0.92 ac (39,988 SF)
Zoning code I-1
APN 76-24-28-351-004
UPID US43-1552232

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
  • Hotel & Motel

Location

23300 Telegraph Rd Southfield, MI 48033-4120
Southfield metro Census 161800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k

Owner & transaction history

since 2006
6 recorded transactions
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Southfield, MI
Zoning description

The intent of this zone is to promote industrial uses

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $875,000 +204.1%
Neighborhood: shopping center $775,000 +167.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23300 Telegraph Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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