Listing Agency: Signature Associates Southfield s***@signatureassociates.com Show Phone

Listed By: Scott Elliott · License #6506044232

Source: Crexi

Added: Dec 1, 2023 Changed: Aug 8 Last Checked: May 12 at 8:10PM

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Investment Insights

Based on property information with market context.

This 2.18-acre commercial site is located on Telegraph Road, at the northwest corner of Brest Road and Telegraph Road. The property includes a 4,464 sq. ft. building that can be demolished for redevelopment. Zoned B-3, General Business, ideal approved uses include general retail and quick service retail, urgent care, and office. Uses requiring special land use approval include automotive, car wash, gas station and drive-through operations. The site features four drive-ins, each measuring 12'w x 14'h, and 120 parking spaces.

Key Highlights

• Located on heavily traveled Telegraph Road.
• 2.18 acre site.
• Zoned B‑3, General Business.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

485

Businesses Nearby

Explore this area Business Placement

Demographics for 48180, MI

63,409

Population

26,741

Households

2.4

Avg Household Size

39

Median Age

16%

College-Educated

87%

High-School Grad

23.6 sq mi

ZIP Area

2,687

Density / Sq Mi

$59,537

Median Household Income

$40,090

Median Earnings

$1,036

Median Rent

$141,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 2.18-acre site on Telegraph Road with redevelopment potential.

Where is this commercial land located?

The property is located at 24050 Brest Taylor, MI.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: Located on heavily traveled Telegraph Road.; 2.18 acre site.; Zoned B‑3, General Business.