This exceptional 2,100 square foot commercial building, located at 9541 Telegraph Road in Redford Charter Township, Michigan, presents a unique opportunity for businesses seeking a prime location. The property is situated on 2.2 acres of land in Wayne County, offering excellent visibility and high traffic counts. The building is suitable for a variety of uses, including creative office, medical office, and traditional office spaces. Its single-tenant occupancy provides flexibility and control. The property's strategic location ensures excellent exposure and a steady stream of potential customers. This building is ideal for businesses seeking a high-traffic area with strong visibility. The property type is listed as Retail and Office, offering versatility for various business needs. The zip code is 48239. This is a single-tenant building, providing a unique opportunity for a business to establish a strong presence in a desirable location. The building's size and location make it an attractive option for businesses looking to expand or establish themselves in a thriving area. The property offers a combination of accessibility and visibility, making it an ideal choice for a variety of commercial ventures.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$404,076
6.5%
$372,993
7%
$346,351
Comparable approach
Method
Valuation
Relative Method
$202,346
Geo Method
$202,346
Alternative Use
Use
Valuation
Industrial / Distribution
$723,665
Mixed-Use / Specialty
$373,161
Hospitality / Lodging
$275,727
Office
$372,505
Institutional / Educational
$388,473
Residential Income
$454,513
Multifamily
$536,813
Automotive / Energy
$332,977
Parking / Income-Based Land
$113,426
Restaurant / Food Service
$197,282
Healthcare / Senior Housing
$381,134
Location Insight
City
Redford
County
Wayne
State
Michigan
Latitude
42.3647
Longitude
-83.2761
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Telegraph Rd Redford Charter Township, MI 48239
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Telegraph Rd Redford Charter Township, MI 48239
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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