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    Telegraph Rd Taylor, MI 48180

    Sponsored
    For Sale
    $887,000

    Prime 12-acre residential development site in Taylor, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12.14-acre parcel, identified by APN 60-073-99-0018-706, presents a remarkable opportunity for residential development in Taylor, Michigan. Located on Telegraph Rd, zip code 48180, this Wayne County property is zoned R-1A, offering significant potential. The asking price is $887,000, translating to $101,720.18 per acre. A significant portion (8.72 acres) is already planned for Devonshire Cove Condominiums, a project encompassing 98 four-unit, fully improved condo sites and a single duplex home. The site boasts a road infrastructure with utilities stubbed at each planned building site, simplifying the development process. While specific terms are to be determined, this property offers a compelling investment prospect for developers seeking a well-positioned, ready-to-build residential land in a desirable Michigan location. The property's latitude and longitude coordinates are 42.2247601 and -83.2689026 respectively. This is a rare opportunity to acquire a large, well-planned residential development site in a thriving community.

    Property Features for 0 Telegraph Rd

    General Information

    Property type
    Land
    Lot Size
    528,818 SF

    HighLights

    • $887,000 asking price for 12.14 acres of residential land.
    • R‑1A zoning.
    • $101,720.18 per acre land value.
    • Planned Devonshire Cove Condominiums (98 four‑unit condo sites and one duplex).
    • Road with utilities stubbed at each site.
    • Terms negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2689026
    Latitude
    42.2247601

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    FAQs

    What type of property is this?
    Land - Prime 12-acre residential development site in Taylor, MI.
    Where is this land located?
    The property is located at Telegraph Rd Taylor, MI.
    What is the asking price?
    The asking price for this property is $887,000.
    What are key features of this property?
    This property features: $887,000 asking price for 12.14 acres of residential land.; R-1A zoning.; $101,720.18 per acre land value.
    (248) 799-3143
    Request Owner's contact information
    Telegraph Rd Taylor, MI 48180
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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 Taylor, MI 48180
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