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    1051 Telegraph Rd Monroe, MI 48161

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    For Sale
    Contact for pricing

    26,500 SF Medical Office Building For Sale/Lease

    Property size:
    26,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 26,500 square foot Class B medical office building, located at 1050 S Telegraph Rd in Monroe, Michigan (zip code 48161), presents a unique investment opportunity. The property, renovated in 2011, is ideally situated in a high-traffic corridor and offers significant potential for various uses. Currently configured as a multi-tenant building, two suites are immediately available for lease: one measuring 4,360 square feet and another spanning 5,430 square feet. Its prime location offers convenient access for patients and clients. The building's proximity to a large outpatient surgery center provides a synergistic advantage, attracting a steady stream of potential patients and referrals. The property is suitable for a wide range of medical and commercial tenants, including but not limited to medical practices, office spaces, retail businesses, urgent care facilities, and pharmacies. Tenant improvement allowances are available to qualified tenants. This property is offered for both sale and lease, providing flexibility for potential buyers and lessees. The building's strong location and versatile layout make it an attractive investment opportunity in a thriving market. Contact us today to learn more about this exceptional property and its potential.

    Property Features for 1051 Telegraph Rd

    General Information

    Property type
    Medical offices
    Square Feet
    26,500 SF
    Class
    B

    Building Details

    Year Renovated
    2011

    HighLights

    • Sale or Lease Available
    • Two suites available for lease: 4,360 SF and 5,430 SF
    • High‑traffic location
    • Building renovated in 2011
    • Suitable for various uses: medical, office, retail
    • Adjacent to a large outpatient surgery center
    Property Profile Location Intelligence

    Current Use by Public Records

    Surgical Institute of Monroe Surgical Center MURTHY S MADHIRA Gastroenterologist Anupama A. Shah, MB Pain Management Physician SCOTT E HUGHES Podiatrist TRENT DAVIS ALBRIGHT Ophthalmologist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.420548
    Latitude
    41.9119693

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    FAQs

    What type of property is this?
    Medical office - 26,500 SF Medical Office Building For Sale/Lease
    Where is this medical office located?
    The property is located at 1051 Telegraph Rd Monroe, MI.
    What are key features of this property?
    This property features: Sale or Lease Available; Two suites available for lease: 4,360 SF and 5,430 SF; High-traffic location
    Request Owner's contact information
    1051 Telegraph Rd Monroe, MI 48161
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    Monroe, MI 48161
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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
    1051 Telegraph Rd Monroe, MI 48161
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