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    Property profile & analytics

    29014 Telegraph Rd Southfield, MI 48034-1309

    • Grocery and convenience stores
    • 2,224 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US43-1512042
    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

    • BudgetCoinz Bitcoin ATM / Crypto Atm / Investment Service
    • Mobil / Gas Station
    • ATM (Cel 12) / Atm

    Property Details for 29014 Telegraph Rd

    Year built
    1985
    Lot size
    0.59 lot acres
    Property size
    2,224 SF
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    76-24-08-476-003
    APU
    762408476003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $405,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $310,000
      Mixed-Use
      $360,000
      Hospitality
      $355,000
      Educational
      $360,000
      Residential Income
      $345,000
      Energy
      $345,000
      Income-Based Land
      $430,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2845
    Latitude
    42.5015
    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
    $22,523
    $94,390
    $286,810
    $381,200
    -
    $188,780
    $573,620
    $762,400

    Comparable in this City

    • Value Estimation
      $490,000
      1,874 SF

      29150 Northwestern Hwy

      GROCERY, SUPERMARKET • 1,874 SF
      29150 Northwestern Hwy, Southfield, MI 48034-1012
      View Details
    • Value Estimation
      $420,000
      576 SF

      28745 Northwestern Hwy

      GROCERY, SUPERMARKET • 576 SF
      28745 Northwestern Hwy, Southfield, MI 48034-1826
      View Details
    • Value Estimation
      $410,000
      3,132 SF

      28500 Franklin Rd

      GROCERY, SUPERMARKET • 3,132 SF
      28500 Franklin Rd, Southfield, MI 48034-1660
      View Details
    • Value Estimation
      $655,000
      3,122 SF

      27050 Lahser Rd

      GROCERY, SUPERMARKET • 3,122 SF
      27050 Lahser Rd, Southfield, MI 48034-2112
      View Details
    • Value Estimation
      $480,000
      3,108 SF

      28995 Telegraph Rd

      GROCERY, SUPERMARKET • 3,108 SF
      28995 Telegraph Rd, Southfield, MI 48034-7509
      View Details
    • Value Estimation by Request
      1,208 SF

      29009 Northwestern Hwy

      GROCERY, SUPERMARKET • 1,208 SF
      29009 Northwestern Hwy, Southfield, MI 48034-1009
      View Details

    Similar Nearby for Sale

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      Southfield Mixed-Use Investment

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    • $3,800,000
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      Established Gas Station on Hard Corner

      Gas station with high traffic location and established customer base.
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    • Contact for pricing
      16.00 Acres

      Southfield Retail Development Site

      16-Acre Site, 100,000 SF Potential
      21301 Telegraph Rd, Southfield, MI 48034
      View Details
    • Contact for pricing
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    Similar Nearby for Lease

    • $30 SF/Yr
      2,400 SF

      Prime Retail Space on Telegraph

      High-visibility retail space with ample parking and traffic.
      29950-30000 Telegraph Rd, Southfield, MI 48034
      View Details
    • $35 SF/Yr
      1,400 SF

      Retail Space in Southfield, MI

      Prominent retail center with high visibility and strong demographics.
      24529-24555 W 12 Mile Rd, Southfield, MI 48034
      View Details
    • $18 SF/Yr
      3,470 SF

      Retail Space on Northwestern Highway

      Retail spaces available on high-traffic Northwestern Highway.
      28661 Northwestern Hwy, Southfield, MI 48034
      View Details
    • $14 SF/Yr
      19,307 SF

      Southfield Retail Space For Lease

      Retail space available in high-traffic Southfield location.
      29649 Northwestern Hwy, Southfield, MI 48034
      View Details
    • $19 SF/Yr
      2,500 SF

      Salon Suites in Southfield Location

      Turn-key salon suites suitable for beauty, medical, or wellness concepts.
      29476-29480 Northwestern Hwy, Southfield, MI 48034
      View Details
    • Contact for pricing
      59,950 SF

      Franklin Plaza Retail Space For Lease

      Southfield, MI Retail Center - Multiple Suites Available
      29199 Northwestern Hwy, Southfield, MI 48034
      View Details

    Property Visit Statistics

    • Visits by month
      22.8k
    • Visitors by month
      14.9k
    • Avg Time on site
      5 min
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    29014 Telegraph Rd
    Southfield, MI 48034-1309
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    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
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