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Property profile & analytics

3461 Telegraph Rd Dearborn, MI 48124-3243

  • Banks
  • 1,791 SF
  • 0.36 lot acres
OFF-MARKET
Last Sale
Sep 02, 2024
$805,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-5258168
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

  • Banks

Property Details for 3461 Telegraph Rd

Year built
1950
Lot size
0.36 lot acres
Property size
1,791 SF
Zone code
BB
Property type
Banks
APN
82 09 283 11 007
APU
820928311007

Description

Exceptional investment opportunity in Dearborn, Michigan, presenting a vacant 3,541 square foot retail space ideally situated on heavily trafficked Telegraph Road, boasting over 50,000 vehicles daily. This single-story, 1950-built building sits on a 0.52-acre lot and offers 28 on-site parking spaces, a significant advantage for customers. Previously occupied by a bank, the property features a convenient drive-up window, adding versatility for potential tenants. The asking price is $850,000, translating to $240.05 per square foot. Its location within a densely populated area, surrounded by numerous national retailers, ensures high visibility and strong foot traffic. This property is perfect for a variety of uses, including but not limited to a bank, restaurant, or storefront retail operation. The building's history and existing infrastructure provide a solid foundation for a successful business venture. This is a rare opportunity to acquire a high-traffic retail space in a thriving commercial corridor. The property is currently vacant and ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Dearborn
County
Wayne
State
Michigan
Longitude
-83.2704
Latitude
42.2856
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
2023
$11,391
$0.00
$0.00
$174,100
-
$0.00
$0.00
$348,200
More about this property
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