Flex Building with
1065 N Telegraph Road Monroe, MI 48162
1065 N Telegraph Road, Monroe, MI, 48162
$1,500,000
For Sale
$1,500,000
Multifunctional flex building with showroom, warehouse, and shop space, zoned C-3.
Property Size14,580 SF
Price / SF$102.88
Days on Market188
Property Features for 1065 N Telegraph Road
General Information
- Standard status
- Active
- Size
- 14,580 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing agency
Synergy Realty Group Gerweck
(734) 625-5003
Listed by
Rebecca Gerweck · License #6501245466
(734) 625-5003
Source
Phgrealty
Added: Jan 14 Updated: Jul 21 at 5:40AM Checked: Jul 21 at 5:40AM
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 Synergy Realty Group Gerweck
Investment Insights
Based on property information with market context.
This multifunctional flex building offers a versatile mix of uses, including a well-appointed showroom, a spacious warehouse, and a fully functional shop area. The layout is designed to support seamless day-to-day operations, with customer engagement in the showroom while storage and production are accommodated within the warehouse and shop spaces.
Located at 1065 N Telegraph Road in Frenchtown Township, MI, the property is described as being strategically situated in a high-traffic area with strong visibility and accessibility. Zoned C-3, the building’s flexible configuration is intended to serve a wide range of commercial and industrial needs within one facility.
Located at 1065 N Telegraph Road in Frenchtown Township, MI, the property is described as being strategically situated in a high-traffic area with strong visibility and accessibility. Zoned C-3, the building’s flexible configuration is intended to serve a wide range of commercial and industrial needs within one facility.
Key Highlights
- 14,580 SF multifunctional flex building built in 1964
- Includes a showroom plus spacious warehouse and fully functional shop areas
- Designed for versatile commercial and industrial uses with a layout supporting customer‑to‑operations flow
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.2k | $9.96 |
| − Vacancy | −$8.7k | −$0.60 |
| EGI | $136.5k | $9.36 |
| − OpEx | −$47.8k | −$3.28 |
| NOI | $88.7k | $6.09 |
14,580 SF · lease $9.96/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$15.04M
$13.16M – $17.54M
NOI $1,052,619 @ 7.0% cap · market cap 70.17%
Second Best
Industrial
$12.38M
$10.84M – $14.45M
NOI $866,863 @ 7.0% cap · market cap 57.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
River Raisin Powersports
Auto Parts Store
RIVER RAISIN POWERSPORTS ...
Auto Repair Shop
Kawasaki
Motorcycle Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multifunctional flex building with showroom, warehouse, and shop space, zoned C-3.
Where is this flex space located?
The property is located at 1065 N Telegraph Road Monroe, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 14,580 SF multifunctional flex building built in 1964; Includes a showroom plus spacious warehouse and fully functional shop areas; Designed for versatile commercial and industrial uses with a layout supporting customer‑to‑operations flow
