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    20744 Telegraph Rd Romulus, MI 48174

    For Sale
    $199,900

    Prime Telegraph Road location, 1,174 sq ft building, land contract terms.

    Property size:
    1,174 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1,174 square foot industrial property presents a remarkable opportunity for entrepreneurs and business owners. Situated on a full acre of land in Romulus, Michigan, this property boasts 100 feet of prime frontage on West Telegraph Road, ensuring high visibility and accessibility. The building itself offers ample space for a variety of uses, previously serving as a chiropractic facility. A convenient two-car garage is included, providing additional storage or workspace. The property's location offers excellent access to major transportation routes, making it ideal for businesses requiring convenient logistics. This is a rare chance to acquire a substantial piece of land in a desirable location. Flexible financing options are available to qualified buyers. The seller is open to considering land contract terms, offering a 5-year balloon payment option or a 10-year term with no balloon payment. This presents a unique opportunity to secure this property with favorable payment arrangements. Don't miss this chance to establish your business in a prime Romulus location. Serious inquiries only.

    Property Features for 20744 Telegraph Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    1,174 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Spa & Massage Wholesale Shop Hotel & Motel Discount Store Electronics Store Pawn Shop Travel Agency Tech Support Center Cosmetics Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2671
    Latitude
    42.15457

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    FAQs

    What type of property is this?
    Industrial property - Prime Telegraph Road location, 1,174 sq ft building, land contract terms.
    Where is this industrial property located?
    The property is located at 20744 Telegraph Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    (248) 568-0339
    Request Owner's contact information
    20744 Telegraph Rd Romulus, MI 48174
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    Romulus, MI 48174
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    Realmo Value Estimation

    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.

    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.

    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
    20744 Telegraph Rd Romulus, MI 48174
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