Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    24480 Telegraph Rd Southfield, MI 48033-3018

    • Drive through restaurants
    • 4,373 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US43-1293184
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 24480 Telegraph Rd

    Year built
    1996
    Lot size
    1.50 lot acres
    Property size
    4,373 SF
    Zone code
    I-1
    Property type
    Drive through restaurants
    APN
    76-24-29-227-021
    APU
    762429227021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $650,000
      6.5%
      $670,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $675,000
      Mixed-Use
      $600,000
      Hospitality
      $705,000
      Educational
      $590,000
      Residential Income
      $615,000
      Energy
      $645,000
      Income-Based Land
      $630,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.279
    Latitude
    42.4691
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $34,725
    $228,690
    $451,540
    $680,230
    -
    $457,380
    $903,080
    $1,360,460

    Comparable in this City

    • Value Estimation
      $530,000
      2,908 SF

      23660 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,908 SF
      23660 Telegraph Rd, Southfield, MI 48033-4118
      View Details
    • Value Estimation
      $360,000
      2,059 SF

      24024 9th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,059 SF
      24024 9th Mile Rd, Southfield, MI 48033-3904
      View Details
    • Value Estimation
      $410,000
      2,898 SF

      25311 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,898 SF
      25311 Telegraph Rd, Southfield, MI 48033-5264
      View Details
    • Value Estimation
      $315,000
      1,928 SF

      25004 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,928 SF
      25004 Telegraph Rd, Southfield, MI 48033-2522
      View Details
    • Value Estimation
      $360,000
      1,900 SF

      23000 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,900 SF
      23000 Telegraph Rd, Southfield, MI 48033-4114
      View Details
    • Value Estimation
      $500,000
      4,968 SF

      26245 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,968 SF
      26245 Telegraph Rd, Southfield, MI 48033-5316
      View Details

    Similar Nearby for Sale

    • $129,900

      Established Smoothie and Wrap Business

      Profitable smoothie and wrap business inside Meijer for sale.
      00001 Telegraph Rd, Southfield, MI 48033
      View Details
    • New
      $350,000
      200,000 SF

      Established Pizza Shop Business

      High-volume pizza franchise opportunity in Southfield, operating for over 20 years.
      25855 Lahser Rd, Southfield, MI 48033
      View Details
    • $1,950,000
      8,615 SF

      Southfield Restaurant - $1.95M

      Established Restaurant, High Traffic Area
      25485 Telegraph Rd, Southfield, MI 48033
      View Details
    • $599,999
      4,875 SF

      Southfield Retail Property For Sale

      Retail property with long-term tenants and redevelopment potential in Southfield.
      24050 W Nine Mile Rd, Southfield, MI 48033
      View Details
    • $40,000
      1,500 SF

      Profitable Smoke Shop Opportunity

      Established smoke shop for sale in Southfield, MI.
      24360 W 10 Mile Rd, Southfield, MI 48033
      View Details
    • $105,000
      1,200 SF

      Southfield Retail Building For Sale

      Retail building for sale in Southfield, Michigan with prime location.
      27105 Shiawassee Rd, Southfield, MI 48033
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Southfield Commercial Property For Rent

      Commercial property available for rent in Southfield, Michigan.
      8 Mile Rd West, Southfield, MI 48033
      View Details
    • $2,200 /Mo
      1,340 SF

      Southfield Commercial Property For Lease

      Commercial property in a high-traffic location, ideal for business.
      24070 W 10 Mile Rd, Southfield, MI 48033
      View Details
    • $1,100,000
      7,000 SF

      Renovated Flex Space with Showroom

      Turn-key building with showroom, offices, and high visibility.
      24355 W 10 Mile Rd, Southfield, MI 48033
      View Details
    • $15 SF/Yr
      6,000 SF

      Hays Market Plaza Retail Space

      High-traffic Telegraph Road retail space available.
      22506 Telegraph Rd, Southfield, MI 48033
      View Details
    • $20 SF/Yr
      70,000 SF

      TEL-Ex Plaza Retail Space Available

      Southfield Shopping Center: 7,326 SF Available
      25239 Telegraph Rd, Southfield, MI 48033
      View Details
    • Contact for pricing

      Telegraph Road Commercial Space

      Commercial space available for rent on Telegraph Road.
      23262 Telegraph Rd, Southfield, MI 48033
      View Details

    Property Visit Statistics

    • Visits by month
      27.5k
    • Visitors by month
      20.5k
    • Avg Time on site
      7 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24480 Telegraph Rd
    Southfield, MI 48033-3018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.