Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

29145 Telegraph Rd Southfield, MI 48034

FOR SALE
Showrooms
Property ID
US43-1252363
23,337 SF 1.12 ac lot Built 1966
Last sale Sep 1998
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
29145 Telegraph Rd, Southfield, MI 48034 For Sale
$4,700,000 23,337 SF
29145 Telegraph Rd, Southfield, MI 48034
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$36k
Tax billed · 2022
Assessed value$716k
Assessed land$303k
Assessed improvement$413k
Effective rate5.00%

Value estimate

· Oct 2026
$675k
$608k – $743k
Submarket $/SF estimate$2.78M
NOI build-up
Gross scheduled income$392k
Vacancy & credit loss−$33k
Operating expenses−$108k
NOI · 5.34% cap applied$251k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256
Qualifying comparables9

Cap rate analysis

How does the asset earn?
5.34%
$251k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
B-3
The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passe...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.6
Wholesale Shop18.2
Electrical Service14.6

Location

29145 Telegraph Rd Southfield, MI 48034
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29009 Northwestern, Southfield, MI 48034-1009 $2,500,000 Jun 2025 1,208 SF
27100 Lahser Rd, Southfield, MI 48034-4742 $800,000 Jul 2024 No data
23410 12th Mile, Southfield, MI 48034-1489 $35,000 Feb 2023 1,648 SF
26336 12th Mile, Southfield, MI 48034-1768 $413,714 Oct 2022 2,788 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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Includes: Price & PSF · Cap rate · Location · Zoning

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