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    OFF-MARKET
    Office buildings

    24056 Pilgrim, Redford, MI 48239-3520

    707 SF 0.12 ac lot Built 1939
    Individually Owned Free & Clear
    Property ID
    US43-0425759
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 24056 Pilgrim Street in Redford, Michigan, presents a unique investment opportunity. The 707-square-foot building sits on a 0.12-acre lot at the corner of Telegraph and Pilgrim, boasting 100 feet of frontage on the high-traffic Telegraph Road. Previously used as office space, the building has been thoroughly updated and is ready for immediate occupancy. Its versatile design makes it suitable for a variety of commercial uses. A significant advantage is the inclusion of a dedicated parking lot, ensuring convenient access for employees and clients. The property's strategic location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a busy commercial area. Furthermore, an adjacent 0.28-acre vacant commercial lot at 0000 Telegraph Road is available for purchase separately for $100,000, presenting the potential to expand the property footprint to a total of 0.40 acres on prime Telegraph Road. This combined offering provides a rare opportunity to acquire a substantial commercial holding in a high-demand location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1939
    Total area 707 SF
    Lot 0.12 ac (5,227 SF)
    APN 79 016 01 0017 001
    UPID US43-0425759
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Hassan Aoun Chada
    Hassan Aoun Chada
    since 2026
    Last sale
    $50,000
    5 recorded transactions
    2026
    2022
    $50,000
    2020
    2018
    $130,000
    2018
    $77,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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