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    Swc Telegraph Rd & Buhl Rd Newport, MI 48166

    Sponsored
    For Sale
    $350,000

    1.15-acre commercial lot, prime Monroe County location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.15-acre commercial land parcel presents a unique investment opportunity in Monroe County, Michigan. Located at the southwest corner of Telegraph Road and Buhl Road, this C1 (Local Commercial) zoned property boasts high visibility and accessibility. With a daily traffic count of 20,000 vehicles on Telegraph Road, this site offers unparalleled exposure for a variety of commercial ventures. Its strategic location near the city of Monroe and the proximity to I-75 and I-275 ensures convenient access for customers and employees. The property is situated adjacent to the Kimberly Estates Mobile Home Park, a 387-site community, creating a strong potential customer base for businesses such as convenience stores, restaurants, banks, retail establishments, or daycare centers. The asking price is $350,000. Within a three-mile radius, the area boasts a population of 9,274 and a median household income of $59,005, indicating a strong and stable market. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving community. The property's zoning allows for a wide range of commercial uses, making it an ideal investment for developers and entrepreneurs seeking a high-traffic location with significant growth potential. The lot size is 1.15 acres, providing ample space for development. The zip code is 48166.

    Property Features for 0 Swc Telegraph Rd & Buhl Rd

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 1.15‑Acre Commercial Land Parcel Available
    • C1 (Local Commercial) Zoning
    • $350,000 Asking Price
    • 9,274 Population within 3‑Mile Radius
    • $59,005 Median Household Income within 3‑Mile Radius
    • 20,000 Vehicles Per Day Traffic Count on Telegraph Road
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3638642
    Latitude
    41.9929788

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    FAQs

    What type of property is this?
    Land - 1.15-acre commercial lot, prime Monroe County location.
    Where is this land located?
    The property is located at Swc Telegraph Rd & Buhl Rd Newport, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1.15-Acre Commercial Land Parcel Available; C1 (Local Commercial) Zoning; $350,000 Asking Price
    (248) 242-6766
    Request Owner's contact information
    Swc Telegraph Rd & Buhl Rd Newport, MI 48166
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    Newport, MI 48166
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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
    Swc Telegraph Rd & Buhl Rd Newport, MI 48166
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