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    11653 Telegraph Rd Carleton, MI 48117

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    For Sale
    $800,000

    Single tenant Ash Market with high traffic and growth potential.

    Property size:
    3,400 SF
    Lot size:
    1.49 Acres

    Property Features for 11653 Telegraph Rd

    General Information

    Size
    3,400 SF
    Lot size
    1.49 Acres

    Source: Legacy Real Estate Advisors Agent Dominic Shamany

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

    Overview

    Freestanding Retail in Carleton, MI

    This single-tenant, free-standing Ash Market is located in Carleton, Michigan, within the Detroit MSA, which is ranked among the top 15 in the U.S.A. The surrounding area is considered affluent, with an average household income exceeding $95,000 within a 3-mile radius. The location benefits from high traffic counts, with over 14,000 vehicles passing the site daily on Telegraph Road. The property is situated in an area with a projected population growth of +3.72% and a household growth of +4.04% within a 1-mile radius from 2022 to 2027. Over 6,000 people reside within a 3-mile radius of the site. The property size is 3,400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ash Market Liquor Store

    Suggested Use

    Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Storage Facility Discount Store Veterinary Clinic Wine and Liquor Store Plumbing Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carleton
    County
    State
    Michigan
    Longitude
    -83.327958
    Latitude
    42.046745

    Nearby Similar for Sale

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      Profitable Motel Business Opportunity

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      Freestanding Retail in Carleton, MI

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      Carleton Motel: Prime Business Opportunity

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    FAQs

    What type of property is this?
    Grocery and convenience store - Single tenant Ash Market with high traffic and growth potential.
    Where is this grocery and convenience store located?
    The property is located at 11653 Telegraph Rd Carleton, MI.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Single tenant free-standing Ash Market.; - Located in a top 15 MSA in the U.S.A. (Detroit, MI).; - Affluent surrounding area with average household income exceeding $95,000+ within a 3-mile radius.
    (248) 450-3259
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    Carleton, MI 48117
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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
    11653 Telegraph Rd Carleton, MI 48117
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