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    Telegraph Rd Monroe Charter Township, MI 48161

    Sponsored
    For Lease
    Contact for pricing

    Mixed-use land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering in Monroe Charter Township, Michigan presents a unique investment opportunity. Located on S Telegraph Rd, zip code 48161, the property encompasses a sizable area ranging from 2.23 to 5.29 acres. The land is zoned for Mixed Use, providing considerable flexibility for a variety of development projects. All necessary infrastructure is already in place, simplifying the development process and reducing upfront costs. The site benefits from a thriving surrounding community, evidenced by the recent construction and sale of 16 new condos, with an additional 8 planned for spring. Currently, 40 occupied units exist in the immediate vicinity, further highlighting the area's strong demand and potential for future growth. Plans are underway for an additional 72 units, indicating a robust and expanding residential market. This property is particularly well-suited for fast food establishments, drive-through businesses, retail outlets, office spaces, and numerous other commercial ventures. The parcels are available for purchase individually or as a combined unit, offering buyers the flexibility to acquire the ideal size for their specific needs. This prime location and versatile zoning make this an exceptional opportunity for investors seeking high-growth potential in a dynamic market.

    Property Features for 0 Telegraph Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 2.23‑5.29 acres available in Monroe Charter Township, MI.
    • Mixed‑use zoning allows for diverse development options.
    • All utilities are in place.
    • Strong surrounding residential growth with 16 recently sold condos, 8 more planned, 40 existing units, and 72 additional units in development.
    • Parcels can be purchased individually or as a whole.
    • Ideal for fast food, drive‑thru, retail, or office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe Charter Township
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4376872
    Latitude
    41.8849242

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    FAQs

    What type of property is this?
    Land - Mixed-use land, ideal for development.
    Where is this land located?
    The property is located at Telegraph Rd Monroe Charter Township, MI.
    What are key features of this property?
    This property features: 2.23-5.29 acres available in Monroe Charter Township, MI.; Mixed-use zoning allows for diverse development options.; All utilities are in place.
    Request Owner's contact information
    Telegraph Rd Monroe Charter Township, 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
    Telegraph Rd Monroe Charter Township, MI 48161
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