You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $4,225,000
Strip malls

8601 Telegraph Rd Dearborn Heights, MI 48127-1425

55,250 SF 4.84 ac lot Built 1960
Entity Owned Free & Clear
Property ID
US43-1298750
Property summary
AI-generated overview

This exceptional opportunity presents 13,239 square feet of vacant space for lease within the Tel-Joy Shopping Center, a thriving retail hub strategically located at the high-traffic intersection of Telegraph and Joy Roads in Wayne County. The property is zoned C-1, Neighborhood Business District, offering versatile usage options. The building features a mix of former medical, office, and retail spaces, ideal for a variety of businesses seeking a prominent location. Units are available in sizes ranging from a minimum of 1,255 square feet to a maximum contiguous space of 5,000 square feet, allowing for flexibility to accommodate diverse business needs. Multiple tenancy is possible, making it suitable for both single-occupancy and multi-tenant configurations. This prime location ensures high visibility and accessibility, attracting a substantial customer base of both local residents and visitors. The property's convenient location within a bustling retail area provides ample opportunities for businesses to thrive and establish a strong presence in the community. The available space presents a unique chance to secure a well-positioned commercial property in a high-demand area. Interested parties are encouraged to inquire about lease terms and availability.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 55,250 SF
Lot 4.84 ac (210,830 SF)
APN 33 003 01 0874 300
UPID US43-1298750
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
$4.22M
Blend (final) Blend
$4.23M
Owner & transaction history
TEL & JOY ROAD SHOPPING CENTER, LLC
TEL & JOY ROAD SHOPPING CENTER, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.1M +38.0%
Restaurant $5.7M +30.1%
Office building $5.4M +22.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8601 Telegraph Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message