Shovel-Ready Commercial Development
For Sale
$199,900
704 N TELEGRAPH Rd, Monroe, MI 48162
Vacant commercial parcel with existing site plans and prior municipal approvals, including MDOT review for a formerly approved concept.
Days on Market84
Property Features for 704 N TELEGRAPH Rd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
EXP Realty Main
(313) 525-5566
Listed By:
Sam Bazzy · License #6501378514
(313) 525-5566
Source:
Elliman
Added: May 8
Changed: Jul 20
Last Checked: Jul 29 at 12:57PM
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 EXP Realty Main
Investment Insights
Based on property information with market context.
This vacant commercial parcel is positioned as a shovel-ready development opportunity, with site plans, approvals, and prior development work already completed. The record shows the site was previously approved for a national franchise concept (Jimmy John’s), with municipal approvals and MDOT review completed, helping the next owner move directly into development planning and execution. Plans, engineering, and layout information are available for review.
The property fronts a major thoroughfare with strong daily traffic counts and visibility. It is surrounded by established national retailers and dense residential neighborhoods, which supports continued retail demand for appropriately designed uses.
The available approvals and site planning materials make the parcel well-suited for retail, restaurant, drive-thru, or mixed-use development, subject to final permitting and compliance with applicable requirements.
The property fronts a major thoroughfare with strong daily traffic counts and visibility. It is surrounded by established national retailers and dense residential neighborhoods, which supports continued retail demand for appropriately designed uses.
The available approvals and site planning materials make the parcel well-suited for retail, restaurant, drive-thru, or mixed-use development, subject to final permitting and compliance with applicable requirements.
Key Highlights
- Vacant commercial parcel with existing site plans and prior development work completed.
- Previously approved for a national franchise concept (Jimmy John’s).
- Includes prior municipal approvals and MDOT review.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 48162, MI
29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial parcel with existing site plans and prior municipal approvals, including MDOT review for a formerly approved concept.
Where is this commercial land located?
The property is located at 704 N TELEGRAPH Rd Monroe, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Vacant commercial parcel with existing site plans and prior development work completed.; Previously approved for a national franchise concept (Jimmy John’s).; Includes prior municipal approvals and MDOT review.
