Property profile

28585 Telegraph Rd Southfield, MI 48034

OFF-MARKET
Automotive properties
Property ID
US43-1401943
56,887 SF 6.76 ac lot Built 1969
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1969
Total area 56,887 SF
Lot 6.76 ac (294,466 SF)
Zoning code B-3
APN 76-24-17-201-062
UPID US43-1401943

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Electric Vehicle Charging Station
  • Car Dealership
  • Car Dealership
  • Auto Repair Shop

Location

28585 Telegraph Rd Southfield, MI 48034-7507
Southfield metro Census 160900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.13M

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-3 · Southfield, MI
Zoning description

The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passerby traffic

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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