Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Telegraph Road Vacant Land Title is generated by Realmo AI

    27200 TELEGRAPH, Flat Rock, MI 48134

    View on Map
    Claim this Listing
    For Sale
    $74,900

    LAND - Flat Rock, MI

    Lot size:
    0.19 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    28
    Last Refresh:
    May 21 at 5:06 pm

    Property Features for 27200 TELEGRAPH

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    58091020006000
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Description
    31A6 TO A9 T4S LOTS 6 7 8 AND 9 ALSO E 1/2 ADJ VAC ALLEY SWASEYS FLAT ROCK SUB T4S R10E L56 P13 WCR
    Tax Annual Amount
    764

    We can help!

    Listing Contact
    Jeff Glover

    Listing agent Jeff Glover License #6501317808

    Listing office KW Professionals 789 W Ann Arbor Trail, Plymouth, MI

    Listing date Apr 24, 2026

    MLS# 20261028361 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High traffic location on Telegraph Road (approx. 16,909 cars daily) offering excellent visibility.
    • Zoned C‑2 Business, allowing for a wide range of uses.
    • Potential for mixed‑use residential development.
    • Special approval options for various businesses.
    • All utilities are located at the street.
    • Strategic business location in Flat Rock.

    Overview

    This vacant land is located directly on Telegraph Road in Flat Rock, MI. Zoned C-2 Business, the site offers options for retail, services, offices/medical, hotels, restaurants/bars, banks, clubs, mixed-use residential and accessory uses. Special approval may be obtained for labs, wholesale, storage, outdoor sales, fast food, motels, gas stations, parking, municipal, limited industrial-like expansions, drive-thru businesses and B&Bs. All utilities are located at the street. The location benefits from approximately 16,909 cars passing by daily, providing visibility and exposure for a potential business. The lot size is approximately 0.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Wayne
    State
    Michigan
    Longitude
    -83.286826
    Latitude
    42.107379

    Nearby Similar for Sale

    • $929,000

      Flat Rock Development Opportunity

      20.09 acres in Flat Rock, ideal for development.
      Gibraltar Road, Flat Rock, MI 48134
      View Details
    • $89,900

      Residential Land in Flat Rock, MI

      Buildable lot near Huron River with utilities available.
      Huron River Drive, Flat Rock, MI 48173
      View Details
    • $399,000
      4,000 SF

      Freestanding Building in Downtown Flatrock

      4,000 SF building with frontage on Telegraph Road.
      15005 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $169,900
      2,020 SF

      Commercial Building on High-Traffic Road

      2020 SF commercial building with ample parking on 0.89 acres.
      23344 TELEGRAPH Road, Brownstown Charter Township, MI 48134
      View Details
    • $375,000

      Flat Rock Land For Sale

      8.62 acres of land with multiple development opportunities.
      VL Gibraltar Road, Flat Rock, MI 48134
      View Details
    • $74,900

      Vacant Land on Telegraph Road

      Commercial land with high visibility and business potential.
      27200 TELEGRAPH, Flat Rock, MI 48134
      View Details
    • $250,000

      Corner Commercial Land in Flat Rock

      High-traffic corner lot ideal for retail or office development.
      23965 Gibraltar Road, Flat Rock, MI 48134
      View Details
    • $2,400,000

      Truck Repair Facility with Warehouse

      Truck repair facility with warehouse near I-75 and Ford plant.
      14544 & 14580 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $295,000
      1,867 SF

      Telegraph Road Frontage Building

      High-traffic corner lot with excellent exposure on Telegraph Road.
      14931 Telegraph Rd, Flat Rock, MI 48134
      View Details
    • $169,900
      2,020 SF

      Flat Rock Commercial Opportunity

      Commercial building on high-traffic West Road, Flat Rock.
      23344 TELEGRAPH Road, Flat Rock, MI 48134
      View Details
    • $150,000
      3 SF

      3+ Acres on Telegraph Rd

      3+ acres of B-2 zoned land on Telegraph Road.
      25298 Telegraph, Flat Rock, MI 48134
      View Details
    • Contact for pricing

      Land at Will Carleton Road

      Vacant land with high traffic and business zoning.
      Will Carleton Rd, Flat Rock, MI
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land on Telegraph Road in Flat Rock, MI.
    Where is this commercial land located?
    The property is located at 27200 TELEGRAPH Flat Rock, MI.
    What is the asking price?
    The asking price for this property is $74,900.
    What are key features of this property?
    This property features: High traffic location on Telegraph Road (approx. 16,909 cars daily) offering excellent visibility.; Zoned C‑2 Business, allowing for a wide range of uses.; Potential for mixed‑use residential development.
    (734) 740-8404
    We can help!
    Listing Contact
    Jeff Glover
    Real Estate License ID: 6501317808
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    27200 TELEGRAPH, Flat Rock, MI 48134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!