Parking & Garage

Monroe, MI Parking Lots & Garages for Sale

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Commercial Land with Existing Parking
Updated: Jan 8, 2020
Commercial Land with Existing Parking

611 N Telegraph Rd, Monroe, MI 48162

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63,948 sqft 6.00 AC lot
6‑acre ready‑for‑development site with 450 ft of frontage on Telegraph Rd
Located on a major north/south high‑traffic commercial corridor
Traffic count of 30,000+ vehicles per day
Site is designed with width and depth suitable for big box or mid box retail
Liquor license available
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monroe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Secured Truck and RV Parking Facility
Secured Truck and RV Parking Facility

10500 Telegraph Road, Carleton, MI 48117

$5,900,000
17.14 AC lot

Improved commercial site with fenced parking, controlled entry, and on-site management and storage buildings.

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Secured Truck and RV Parking Facility
Secured Truck and RV Parking Facility

10500 Telegraph Road, Carleton, MI 48117

$5,900,000

Fenced commercial site with electronic access control, management office, and separate storage building.

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Contiguous Commercial Land Portfolio
Contiguous Commercial Land Portfolio

10829 E Jefferson Ave, Detroit, MI 48214

$550,000

Assemblage includes two one-story buildings, a gated parking lot, and three vacant lots.

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Fenced Commercial Land
Fenced Commercial Land

8408 Michigan Avenue, Detroit, MI 48210

Contact for pricing

A paved, enclosed outdoor site can accommodate vehicle storage and other commercial activities subject to city approval.

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Monroe, MI Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Monroe, MI on our real estate platform. These investment opportunities span a total of 63,948 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Land 70
Retail properties & Spaces 59
Retail space 38
Office Spaces 37
Residential land & home lots 30

Demographics Overview

Population 55K
Population Growth (5Y) +1.0%
Median Household Income $67,210
College Educated 29.4%

Taxes & Financing

Tax Rate (average for all types) 4.28%
Property Tax per SF $88.57 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Monroe fall within the 50,000 to 100,000 square foot range.

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