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Property profile & analytics
OFF-MARKET Estimated value $750,000
Automotive properties

24125 Telegraph Rd Southfield, MI 48033-3019

5,712 SF 0.69 ac lot Built 1990
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US43-0308317
Property summary
AI-generated overview

This exceptional 5,712 square foot industrial property, situated on a 0.69-acre lot at 24125 Telegraph Road in Southfield, MI, presents a prime opportunity for automotive business ownership. The fully updated and well-established automotive repair shop enjoys a high-traffic location, benefiting from excellent visibility and accessibility. The property boasts a newly paved and expanded parking lot for increased customer convenience. A key feature is a dedicated Chassis Dyno Room, perfectly suited for comprehensive vehicle testing, diagnostics, and expanded service offerings. The spacious facility includes eight repair bays equipped with hoists, compressed air lines, and a range of diagnostic and repair equipment, ensuring efficient and effective operations. This sale includes both the thriving business and the real estate, offering a complete and turnkey operation. A separate suite is also included, providing potential for rental income or the establishment of a secondary business. Financial details are available upon execution of a Non-Disclosure Agreement. Serious inquiries only. Direct contact with the business or its employees is strictly prohibited. All inquiries must be submitted through the appropriate channels. The asking price for this exceptional opportunity is $1,250,000.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1990
Total area 5,712 SF
Lot 0.69 ac (30,056 SF)
Zoning code I-1
APN 76-24-29-276-052
UPID US43-0308317
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
  • Mr. Mechanic Auto Service Center Auto Repair Shop
  • Jaguar Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$759k
Blend (final) Blend
$750k
Owner & transaction history
Car Aid Telegraph Holdings LLC
Car Aid Telegraph Holdings LLC
since 2025
Last sale
$1.0M
3 recorded transactions
2025
$1.0M
2024
$700,000
2002
$575,000
Zoning & alternative use
I-1 · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of this zone is to promote industrial uses

Zone name Industrial
General category INDUSTRIAL
Zone area 364.77 ac
Source Realmo
Top alternative use upside
Commercial (general) $1.0M +43.7%
Restaurant $990,000 +41.2%
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