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Property profile & analytics
OFF-MARKET Estimated value $5,855,000
Office buildings

32100 Telegraph Rd Bingham Farms, MI 48025-2452

57,154 SF 6.17 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0983234
Property summary
AI-generated overview

This exceptional executive office space, located at 32100 Telegraph Road in Southfield, Oakland County, offers 4,261 square feet of immediately available space within a larger 55,000 square foot Class B office building. The property sits on a generous 6.16-acre lot and boasts a convenient parking ratio of 4.8 spaces per 1,000 square feet. Built in 1983, the building features a desirable blend of private offices and open work areas, perfect for a variety of business needs. The space is fully furnished, providing a turnkey solution for immediate occupancy. While the master lease has expired (April 31, 2011), this presents a unique opportunity for a tenant to establish a long-term presence in a well-established Southfield location. The building's multi-tenant configuration offers a collaborative and dynamic work environment. This Southfield submarket location provides excellent access to major roadways and amenities, making it an ideal choice for businesses seeking a prominent and functional office space. The available space is ready for immediate occupancy, offering a rare chance to secure a substantial footprint in a highly sought-after area. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 57,154 SF
Lot 6.17 ac (268,765 SF)
Zoning code BI
APN TB-24-05-226-049
UPID US43-0983234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.94M
Blend (final) Blend
$5.86M
Owner & transaction history
Vestcor Properties LLC · 7 yrs held
Vestcor Properties LLC
since 2018
3 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Bingham Farms, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $9.6M +43.9%
Medical building $9.0M +34.6%
Auto repair, garage $7.0M +4.5%
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