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Financial
Distress signals
Property profile

28418 Telegraph Rd Flat Rock, MI 48134

FOR LEASE
Grocery and convenience stores
Property ID
US43-1232931
6,925 SF 0.61 ac lot
Last sale Feb 2026 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail storefront space located at 28418 Telegraph Road in Flat Rock, Michigan 48134. It is categorized as a commercial retail option within the storefront property type. The provided information does not specify the suite size, interior layout, frontage, building or suite condition, or any included features, and such underwriting details (including interior configuration, utilities, and lease terms) would need to be verified directly with the listing contact.

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.

Debts

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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$180k
Effective rate6.85%

Value estimate

· Oct 2026
$350k
$315k – $385k
Submarket $/SF estimate$853k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$7k
Operating expenses−$35k
NOI · 807,654.08% cap applied$81k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108
Qualifying comparables7

Cap rate analysis

How does the asset earn?
807,654.08%
$81k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.1
Law Firm16.7
Wholesale Shop15.4

Location

28418 Telegraph Rd Flat Rock, MI 48134
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27426 Telegraph, Flat Rock, MI 48134-1011 $250,000 Mar 2022 3,000 SF
25262 Telegraph, Brownstown, MI 48134-1008 $350,000 Jan 2021 3,600 SF
26324 Huron Riv, Flat Rock, MI 48134-2500 $160,000 Oct 2020 3,244 SF
27500 Telegraph, Flat Rock, MI 48134-1610 $117,000 Nov 2019 11,258 SF
23960 Gibraltar, Flat Rock, MI 48134-9411 $300,000 Oct 2019 3,474 SF
26883 Telegraph, Flat Rock, MI 48134-1656 $800,000 Sep 2019 3,936 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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