Financial
Distress signals
Property profile

31780 Telegraph Rd Bingham Farms, MI 48025

FOR LEASE
Office buildings
View Listing
Property ID
US43-5238755
30,270 SF 2.74 ac lot Built 1984
Last sale Mar 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class B office building, situated on a 2.74-acre lot in Southfield's desirable submarket, offers a prime opportunity for businesses seeking flexible and prestigious space. Built in 1986, the property boasts a total of 30,654 square feet, with a significant amount currently vacant (29,034 sq ft). Units are available in sizes ranging from a minimum of 3,948 square feet up to the entire building's 30,654 square feet. The building's convenient location provides excellent access…

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.

Mortgages

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?
$47k
Tax billed · 2023
Assessed value · 2024$1.21M
Effective rate3.90%

Value estimate

· Sep 2026
$2.56M
$2.30M – $2.81M
Submarket $/SF estimate$3.03M
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$22k
Operating expenses−$18k
NOI · 243,325.74% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 427 recorded sales of this use type
Observed band · Q1–Q3$71 – $167

Cap rate analysis

How does the asset earn?
243,325.74%
$53k 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?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant57.8
Realty agency52.1
Building Supply49.8

Location

31780 Telegraph Rd Bingham Farms, MI 48025
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16231 14th Mile, Beverly Hills, MI 48025-3323 $1,175,000 May 2025 7,918 SF
32500 Telegraph, Bingham Farms, MI 48025-2461 $6,000,000 Sep 2021 49,059 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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