Financial
Distress signals
Property profile

24475 Telegraph Rd Southfield, MI 48033

OFF-MARKET
Grocery and convenience stores
Property ID
US43-3288725
20,548 SF 1.73 ac lot Built 1998
Last sale Jul 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$48k
Tax billed · 2022
Assessed value$872k
Assessed land$245k
Assessed improvement$628k
Effective rate5.50%

Value estimate

· Sep 2026
$660k
$594k – $726k
Submarket $/SF estimate$2.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$77 – $307

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
The intent of this zone is to promote industrial uses
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.0
Dental Office27.5
Building Supply23.5

Location

24475 Telegraph Rd Southfield, MI 48033-3017
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22150 8th Mile, Southfield, MI 48033-4442 $1,000,000 Jan 2025 14,859 SF
22525 Telegraph, Southfield, MI 48033-4106 $285,000 Dec 2024 5,910 SF
20901 Lahser, Southfield, MI 48033-4432 $575,000 May 2024 14,860 SF
23262 Telegraph, Southfield, MI 48033-4156 $550,000 Jul 2023 8,420 SF
24660 Lahser, Southfield, MI 48033-3239 $1,988,000 Sep 2021 11,398 SF
26086 8th Mile, Southfield, MI 48033-5916 $200,000 Apr 2021 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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