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Property profile

29877 Telegraph Rd Ste L-11 Southfield, MI 48034

OFF-MARKET
Medical Office Space
Property ID
US43-1832615
6,164 SF 0.41 ac lot Built 1983
Last sale Oct 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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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Property summary

AI-generated overview

This exceptional medical office building, Farmbrook Medical Building II, presents a unique leasing opportunity in the thriving Southfield, Michigan market. Located at 29877 Telegraph Road, this 95,000 square foot building offers multiple tenancy options, with spaces ranging from a minimum of 1,581 square feet to a maximum contiguous space of 3,485 square feet. Currently, 6,970 square feet of space is available for lease. The building boasts ample parking with 485 spaces, ensuring convenient…

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?
$16k
Tax billed · 2022
Assessed value$262k
Assessed land$44k
Assessed improvement$218k
Effective rate6.21%

Value estimate

· Oct 2026
$335k
$302k – $369k
CAP approach$1.29M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$87 – $458
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Supply15.9
Wholesale Shop15.4
Electrical Service12.8

Location

29877 Telegraph Rd Ste L-11 Southfield, MI 48034-7657
County assessor Recorded deeds · 2 transfers 10 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27752 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27734 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27770 Franklin, Southfield, MI 48034-2352 $3,550,000 Nov 2021 6,352 SF
27722 Franklin, Southfield, MI 48034 $3,550,000 Nov 2021 5,151 SF
27650 Franklin, Southfield, MI 48034-8200 $3,550,000 Nov 2021 5,151 SF
27692 Franklin, Southfield, MI 48034-8203 $3,550,000 Nov 2021 5,151 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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