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    1511 N Telegraph Rd Monroe, MI 48162

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    For Lease
    $8 SF/Yr

    Large retail space with high visibility and accessibility.

    Property size:
    36,480 SF
    Lot size:
    17.21 Acres

    Property Features for 1511 N Telegraph Rd

    General Information

    Size
    36,480 SF
    Lot size
    17.21 Acres

    Source: Landmark Commercial Real Estate Services Agent David Ward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Prime Location

    The property, formerly a Big Lots/Big Lots Furniture, features approximately 225 feet of frontage. The space is splitable, offering flexibility for various retail configurations. It has a ceiling height of 15 feet to the joist. The location benefits from its proximity to several national big-box stores, including Meijer, Wal-Mart, Lowe’s, T.J. Maxx, and Hobby Lobby. Situated in Monroe, the property is strategically located within 40 miles of Detroit and Ann Arbor, and just 20 miles from Toledo, providing a link to the I-75 corridor.
    Location Intelligence

    Current Use by Public Records

    PKSA Monroe Martial Arts School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.404201
    Latitude
    41.943567

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    FAQs

    What type of property is this?
    Retail space - Large retail space with high visibility and accessibility.
    Where is this retail space located?
    The property is located at 1511 N Telegraph Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility frontage of approximately 225 feet.; - Located adjacent to major national retailers including Meijer, Wal-Mart, Lowe’s, T.J. Maxx, and Hobby Lobby.; - Strategic location within 40 miles of Detroit and Ann Arbor.
    (248) 488-2620
    Request Owner's contact information
    1511 N Telegraph Rd Monroe, MI 48162
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    Monroe, MI 48162
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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
    1511 N Telegraph Rd Monroe, MI 48162
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