Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Building on Corner Lot Title is generated by Realmo AI

    1110 N Telegraph, Monroe, MI 48162

    View on Map
    Claim this Listing
    Picture of Mixed-use properties at 1110 N Telegraph, Monroe, MI
    For Sale
    $650,000

    Commercial/Industrial - Monroe, MI

    Property size:
    3,983 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $163/SF
    Added:
    Jan 15, 2026
    Days on Market:
    121
    Last Refresh:
    May 16 at 8:06 pm

    Property Features for 1110 N Telegraph

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Security features
    Fire Alarm
    Interior features
    Carpet, Occupied, Overhead, Restroom(s), Tile Floors, Smoke/Fire Alarm
    Exterior features
    Fenced Yard
    Fencing
    Fenced
    Standard status
    Active
    APN
    55 69 00750 000
    Size
    3,983 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Annual Amount
    14710.42

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Flooring type
    Carpet, Tile
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Rebecca Gerweck

    Listing agent Rebecca Gerweck License #6501245466

    Listing office Gerweck Real Estate in Monroe 15268 S. Monroe St., Monroe, MI

    Listing date Jan 15, 2026

    MLS# 50197690 Listing URL

    Copyright © 2026 Southeastern Border Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime, high‑traffic corner lot location with excellent visibility and accessibility.
    • Versatile building suitable for office, retail, or mixed‑use purposes.
    • Zoned C‑T (Telegraph Commercial) offering flexible use potential.
    • Fenced side area providing added security and functional outdoor space.
    • Central air conditioning and forced air heating.
    • Interior features include restrooms, carpet, and tile floors.

    Overview

    This versatile building, suitable for office, retail, or mixed-use purposes, is located in a prime, high-traffic area on a corner lot, offering excellent visibility and accessibility. The property features a fenced side area, providing added security and functional outdoor space. The property is zoned C-T (Telegraph Commercial). The lot size is 0.43 acres and the building size is 3983 square feet. Located in Monroe, MI, this property presents an opportunity for investors or owner-users seeking a strong location with flexible use potential.

    Financial Insights

    Value Estimation Calculated for Mixed Use

    Conservative
    $597.5K
    NOI $53,771 @ 9.00% cap · cautious / downside scenario
    Moderate
    $768.2K
    NOI $53,771 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.08M
    NOI $53,771 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Mixed Use

    Component $ $/SF
    Gross rent $95.6k $24.00
    − Vacancy −$9.6k −$2.40
    EGI $86.0k $21.60
    − OpEx −$32.3k −$8.10
    NOI $53.8k $13.50
    3,983 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Use Scenarios

    Best Use
    Mixed Use
    $768.2K
    $672.1K – $896.2K (±1% cap)
    NOI $53,771 @ 7.0% cap · market cap 8.27%
    Second Best
    Office B
    $632.3K
    $553.3K – $737.7K (±1% cap)
    NOI $44,264 @ 7.0% cap · market cap 6.81%
    Theoretical Best
    Warehouse
    $4.11M
    $3.59M – $4.79M (±1% cap)
    NOI $287,557 @ 7.0% cap · market cap 44.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4075813
    Latitude
    41.9356784

    Nearby Similar for Sale

    • $2,000,000
      8,000 SF

      Turnkey Supermarket Opportunity on Dixie Hwy

      Profitable, established supermarket business and real estate for sale.
      9875 S Dixie Highway, Monroe, MI 48133
      View Details
    • $259,000
      2,090 SF

      Monroe Commercial/Industrial Opportunity

      Prime commercial building in Monroe, Michigan with investment potential.
      1090 N Dixie, Monroe, MI 48162
      View Details
    • $1,200,000

      Monroe Commercial Property Development Opportunity

      1.3 acre MU-2 zoned property in vibrant retail district.
      227 Stewart, Monroe, MI 48162
      View Details
    • $899,999
      4,150 SF

      High-Visibility Corner Commercial Building

      4,150 SF building on 1.5 acres with high traffic exposure.
      15530 S Telegraph Rd, MonroeCharterTownship_Monroe, MI 48161
      View Details
    • $459,900
      6,550 SF

      Professional Building in High-Visibility Corridor

      Well-maintained commercial building with strong income and high visibility.
      750 S Monroe St, Monroe, MI 48161
      View Details
    • $850,000
      20,587 SF

      Versatile Property in Monroe, MI

      20,587 SF building on 6.5 acres with additional building.
      8771 Ida Maybee, Monroe, MI 48162
      View Details
    • $1,500,000
      14,580 SF

      Versatile Commercial/Industrial Building in Monroe

      Multifunctional 14,580 sq ft building in high-traffic area.
      1065 N Telegraph, Monroe, MI 48162
      View Details
    • $399,900
      4,648 SF

      Monroe Commercial Building on 10 Acres

      4,648 SF commercial building on over 10 acres.
      14905 S Telegraph, Monroe, MI 48161
      View Details
    • $249,900
      1,824 SF

      Well-Maintained Duplex in Monroe, MI

      Full brick duplex with two units, great investment opportunity.
      1049/1057 N Monroe, Monroe, MI 48162
      View Details
    • $650,000

      Versatile Building in High-Traffic Area

      Corner lot suitable for office, retail, or mixed-use purposes.
      1110 N Telegraph Rd, Monroe, MI 48162
      View Details
    • $180,000
      1,296 SF

      Monroe Duplex with Income Potential

      Affordable, occupied duplex with separate utilities and large yard.
      815 Union, Monroe, MI 48161
      View Details
    • $395,000
      4,850 SF

      Office Building Near Court House

      Well-maintained 4,850 SF office building with parking.
      204 S MACOMB Street, Monroe City, MI 48161
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Office, retail, or mixed-use building in high-traffic area.
    Where is this mixed-use property located?
    The property is located at 1110 N Telegraph Monroe, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime, high‑traffic corner lot location with excellent visibility and accessibility.; Versatile building suitable for office, retail, or mixed‑use purposes.; Zoned C‑T (Telegraph Commercial) offering flexible use potential.
    (734) 755-1557
    We can help!
    Listing Contact
    Rebecca Gerweck
    Real Estate License ID: 6501245466
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1110 N Telegraph, Monroe, MI 48162
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!