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    27200 Telegraph Rd Flat Rock, MI 48134

    Sponsored
    For Sale
    $74,900

    Prime Flat Rock commercial lot, 0.19 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.19-acre commercial land parcel presents a remarkable investment opportunity in the thriving Flat Rock, Michigan market. Located at 27200 Telegraph Road, this property boasts high visibility and accessibility due to its prime location on a major thoroughfare. The lot is zoned for commercial use, allowing for a wide range of development possibilities. With dimensions of 80.00 feet by 105.00 feet and 80.00 feet of road frontage, the site offers ample space for construction. All utilities are conveniently located at the street, simplifying the development process. The property's APN is 58091020006000, and its legal description includes portions of Lots 6, 7, 8, and 9, as well as the East half of an adjacent vacant alley within Swaseys Flat Rock Subdivision, T4S R10E L56 P13 WCR. The asking price is $74,900, translating to $394,210.52 per acre, reflecting the high demand for commercial land in this rapidly growing area. The Flat Rock School District serves the area. This property is ideal for entrepreneurs seeking to establish a new business or for investors looking for a strong return on investment in a prime location. Don't miss this chance to secure a piece of Flat Rock's vibrant commercial landscape.

    Property Features for 27200 Telegraph Rd

    General Information

    Property type
    Land
    Lot Size
    8,276 SF

    HighLights

    • Flat Rock, MI location.
    • Parcel Number: 58091020006000.
    • Legal Description: Portions of Lots 6, 7, 8, and 9, and East half of adjacent vacant alley, Swaseys Flat Rock Subdivision, T4S R10E L56 P13 WCR.
    • Swaseys Flat Rock Subdivision.
    • Flat Rock School District.
    • Commercially Zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Wayne
    State
    Michigan
    Longitude
    -83.286503314829
    Latitude
    42.10726258652

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime Flat Rock commercial lot, 0.19 acres.
    Where is this land located?
    The property is located at 27200 Telegraph Rd 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: Flat Rock, MI location.; Parcel Number: 58091020006000.; Legal Description: Portions of Lots 6, 7, 8, and 9, and East half of adjacent vacant alley, Swaseys Flat Rock Subdivision, T4S R10E L56 P13 WCR.
    (734) 259-1100
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    27200 Telegraph Rd Flat Rock, MI 48134
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    Flat Rock, MI 48134
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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
    27200 Telegraph Rd Flat Rock, MI 48134
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