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    000 Telegraph Rd Romulus, MI 48174

    Sponsored
    For Sale
    $124,900

    Two-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2-acre commercial land parcel, located at 000 Telegraph Road in Brownstown Twp, Michigan (zip code 48174), presents a remarkable investment opportunity. Situated in Wayne County, this property boasts a prime location with convenient access via Telegraph Road, and cross streets at Sibley and Telegraph Road. The land is zoned for commercial use, providing a blank canvas for a wide range of development possibilities. Ideal for entrepreneurs seeking to establish a new business or investors looking for future growth potential. The property includes two parcels, identified by APN numbers 70026010014000 and 70026010015000. Please note that the property has not undergone a survey or soil testing. Utilities, including water and sewer, are available at the street. The asking price for this exceptional opportunity is $124,900. Financing options include cash and conventional loans. This is a rare chance to acquire a significant commercial land holding in a desirable area. Act quickly to secure this promising investment.

    Property Features for 000 Telegraph Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial land parcel in Brownstown Twp, MI (48174), priced at $124,900.
    • Located on Telegraph Road, with cross streets at Sibley Road.
    • Zoned for commercial use.
    • Two parcels (APN 70026010014000 & 70026010015000).
    • Utilities (water & sewer) available at street.
    • Financing: Cash and conventional loans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Wholesale Shop Hotel & Motel Discount Store Electronics Store Pawn Shop Travel Agency Tech Support Center Cosmetics Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3966271
    Latitude
    42.22225

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    FAQs

    What type of property is this?
    Land - Two-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 000 Telegraph Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: 2-acre commercial land parcel in Brownstown Twp, MI (48174), priced at $124,900.; Located on Telegraph Road, with cross streets at Sibley Road.; Zoned for commercial use.
    (734) 259-1100
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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
    000 Telegraph Rd Romulus, MI 48174
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