32100 Telegraph RdBingham Farms, MI 48025

Property Details for 32100 Telegraph Rd

Lot size

6.17 AC

Property size (Sq ft)

57,154 SF

Zone code

BI

Property type

Office buildings

APN

TB-24-05-226-049

APU

TB2405226049

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $9,784,076

  6.5%

  $9,031,454

  7%

  $8,386,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,346,185

  Geo Method

  $5,346,185

• Alternative Use

  Use

  Valuation

  Residential

  $11,199,003

  Hospitality

  $10,258,227

  Educational

  $8,534,724

  Medical

  $8,828,247

  Retail

  $13,276,238

Location Insight

City

Bingham Farms

County

Oakland

State

Michigan

Latitude

42.5231

Longitude

-83.2843

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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