Warehouse with Office
New
For Sale
Contact for pricing
1052 S Telegraph Road, Monroe, MI 48161
A gross-lease warehouse includes a dock, an overhead door, and landlord-constructed build-out.
Property Size5,000 SF
Price / SF$0.50
Days on Market2
Property Features for 1052 S Telegraph Road
General Information
Standard status
Active
Size
5,000 SF
Additional Details
Clear Height
16 ft
Listing Agency:
Century 21 Allstar Real Estate Team, Inc
(734) 241-2700
Listed By:
Carrie Cartwright · License #6502130142
(734) 819-1155
Source:
Charterpropertiesgr
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstar Real Estate Team, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000-square-foot warehouse includes office space, 16-foot ceilings, a dock, and an overhead door. The landlord will construct the build-out. The property is offered under a gross lease.
Key Highlights
- 5,000 square feet of warehouse space with office area
- 16‑foot ceilings
- Dock and overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$360,981
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,219,620
$7.2M
Cap Rate 7%
$5,156,871
$5.2M
Cap Rate 9%
$4,010,900
$4.0M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$441.0K $88.20/SF
− Vacancy
−$16.3K −$3.26/SF
EGI
$424.7K $84.94/SF
− OpEx
−$63.7K −$12.74/SF
NOI
$361.0K $72.20/SF
Area
Monroe County, MI
Vacancy
3.70%
Lease Rate
$88.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,219,620
Cap Rate 7%
$5,156,871
Cap Rate 9%
$4,010,900
Alternative Uses
Best Use
Warehouse
$5.16M
$4.51M – $6.02M
NOI $360,981 @ 7.0% cap · market cap 14,439.24%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48161, MI
26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - A gross-lease warehouse includes a dock, an overhead door, and landlord-constructed build-out.
Where is this warehouse located?
The property is located at 1052 S Telegraph Road Monroe, MI.
What are key features of this property?
This property features: 5,000 square feet of warehouse space with office area; 16‑foot ceilings; Dock and overhead door
