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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

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    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.
    Request Owner's contact information
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    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
    12841 Telegraph Rd Taylor, MI 48180
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