Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land Parcel Title is generated by Realmo AI

    Telegraph Rd, Carleton, MI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3+ acre commercial land parcel at I-275 & Telegraph Road.

    Type:LAND
    Lot size:
    3.00 Acres
    Added:
    Sep 23, 2025
    Days on Market:
    240
    Last Refresh:
    Apr 5 at 11:29 pm

    Property Features for Telegraph Rd

    General Information

    Standard status
    Active
    Lot size
    3.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Thomas Fritz
    Thomas Fritz

    Listing agent Thomas Fritz

    Listing office Coldwell Banker Commercial Haynes Real Estate

    Listing date Sep 23, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Haynes Real Estate

    HighLights

    • Prime 3+ acre commercial land parcel at I‑275 & Telegraph Road interchange.
    • Exceptional visibility and access.
    • High traffic location: Over 21,000 vehicles passing daily.
    • Ideal for gas station, travel plaza, or high‑traffic retail.
    • Rare opportunity at a major highway corner.
    • Surrounded by strong commuter and commercial activity.

    Overview

    This commercial land parcel, spanning over 3 acres, is located at the interchange of I-275 and Telegraph Road. The site benefits from high visibility and accessibility, with a daily traffic volume exceeding 21,000 vehicles. The property is suitable for a gas station, travel plaza, or high-traffic retail development. This parcel presents a rare opportunity at a major highway corner, surrounded by commuter and commercial activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Carleton
    County
    State
    Michigan
    Longitude
    -83.3542
    Latitude
    42.0086

    Nearby Similar for Sale

    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11649 Telegraph Rd, Carleton, MI
      View Details
    • $1,000,000

      77 Acres Former Golf Course

      Unique 77-acre property with clubhouse and outbuilding.
      12915 Sumpter Rd, ExeterTownship_Monroe, MI 48117
      View Details
    • $39,900

      Residential Lot in Carleton, MI

      Vacant 0.17 acre residential lot with utilities available.
      0 Matthews, Carleton, MI 48117-9308
      View Details
    • $79,900

      Residential Land in Ash Township

      1.93 acre residential land for sale in Carleton, MI.
      0 W Sigler, Carleton, MI 48117
      View Details
    • $800,000

      Land with Freeway Visibility

      Land with utilities and access from two roads.
      9557 Lazy Oak Dr, Carleton, MI
      View Details
    • Contact for pricing

      Land For Sale Carleton

      Land available for sale in Carleton, Michigan.
      9535 Telegraph Road, Carleton, MI, 48117
      View Details
    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11653 Telegraph Rd, Carleton, MI
      View Details
    • $3,120,000

      Land Available in Carleton, MI

      Land for sale in Carleton, Michigan. Contact agent for details.
      0 Telegraph Road, Carleton, MI 48117
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      800 E. Newport Rd, Carleton, MI 48166
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3+ acre commercial land parcel at I-275 & Telegraph Road.
    Where is this commercial land located?
    The property is located at Telegraph Rd Carleton, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Prime 3+ acre commercial land parcel at I‑275 & Telegraph Road interchange.; Exceptional visibility and access.; High traffic location: Over 21,000 vehicles passing daily.
    (734) 625-7100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Thomas Fritz
    Thomas Fritz
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Telegraph Rd, Carleton, MI
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!