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    Telegraph Rd Monroe, MI 48162

    Sponsored
    For Sale
    $495,000

    Prime Development Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre commercial vacant land parcel presents a prime development opportunity in Monroe, Michigan. Located on the northwest corner of Telegraph Road (US-24) and Heiss Road, directly north of a Walmart, this property boasts unparalleled visibility and high traffic counts. Its strategic location on a major thoroughfare ensures maximum exposure for any commercial venture. Zoned for agriculture, this versatile land offers ample space for a variety of development projects, including but not limited to car lots, retail spaces, or office buildings. The property's size and location make it an ideal canvas for entrepreneurs and businesses seeking a high-impact presence in a thriving commercial area. The parcel's APN is 0701701620. This is an individual ownership offering at an asking price of $495,000. The property's potential is undeniable, making it a rare and attractive investment opportunity. Don't miss the chance to capitalize on this exceptional location and build your business success.

    Property Features for 0 Telegraph Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $495,000 asking price.
    • 10‑acre vacant commercial land parcel.
    • Agriculture zoning.
    • Located at 0 N Telegraph Rd, Monroe, MI 48162 (APN: 0701701620).
    • High visibility corner lot at Telegraph Rd (US‑24) and Heiss Rd, near Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.382906700561
    Latitude
    41.96875092916

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    FAQs

    What type of property is this?
    Land - Prime Development Land, High Visibility
    Where is this land located?
    The property is located at Telegraph Rd Monroe, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; 10-acre vacant commercial land parcel.; Agriculture zoning.
    (734) 345-2999
    Request Owner's contact information
    Telegraph Rd Monroe, MI 48162
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    Monroe, MI 48162
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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, MI 48162
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