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12841 Telegraph Rd Taylor, MI 48180

Sponsored
For Sale
$329,900

5.32 Acres, R-2 Zoning, Redevelopment Potential

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 5.32-acre property in Taylor, Michigan, presents a remarkable redevelopment opportunity. Located at 12841 Telegraph Rd, 48180, this land boasts prime frontage on both Telegraph Road and Pine Street, offering excellent visibility and accessibility. Its strategic location near the intersection of Telegraph Road and Northline Road ensures high traffic volume and exposure. Currently improved with a residential dwelling and a two-car detached garage, the property is zoned R-2, making it ideal for various multifamily developments, such as townhomes. The generous lot size and thriving commercial and residential surroundings create immense potential for growth and significant return on investment. While the existing structures offer immediate income potential, the true value lies in the land's capacity for future development. Note that an additional 1.67 acres on Northline Road, not included in this sale, are available for purchase separately, should a buyer desire to expand the project footprint. This is a rare chance to acquire a substantial parcel in a desirable location with significant upside potential. Asking price is $329,900.

Property Features for 12841 Telegraph Rd

General Information

Property type
Multifamily properties
Lot Size
231,739 SF

HighLights

  • 5.32‑acre site with excellent frontage on Telegraph Rd and Pine St in Taylor.
  • Prime location at the northeast corner of Telegraph Rd and Northline Rd, offering high visibility and accessibility.
  • Currently improved with a residential dwelling and detached two‑car garage, ideal for redevelopment.
  • Zoned for townhomes or multi‑family development.
  • Adjacent 1.67 acres on Northline Rd available for purchase (separate transaction).
Property Profile Location Intelligence

Current Use by Public Records

Melec Investment Partners Investment Service

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
Taylor
County
Wayne
State
Michigan
Longitude
-83.268555438388
Latitude
42.212956204112

FAQs

What type of property is this?
Multifamily property - 5.32 Acres, R-2 Zoning, Redevelopment Potential
Where is this multifamily property located?
The property is located at 12841 Telegraph Rd Taylor, MI.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 5.32-acre site with excellent frontage on Telegraph Rd and Pine St in Taylor.; Prime location at the northeast corner of Telegraph Rd and Northline Rd, offering high visibility and accessibility.; Currently improved with a residential dwelling and detached two-car garage, ideal for redevelopment.
More about this property
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