Property profile

7838 Telegraph Rd Taylor, MI 48180

OFF-MARKET
Lifestyle centers
1 SF 8.4 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional 8.4-acre commercial property located at 7838 Telegraph Road in Taylor, Michigan, presents a unique investment opportunity. The property, built in 1970, is zoned for retail use and currently features a single-tenant building with a total of 1 square foot. The entire building is currently vacant, offering a blank canvas for a prospective tenant or developer. The expansive lot size provides ample space for future expansion or redevelopment, catering to a variety of commercial uses. The property boasts ample parking, a significant advantage for attracting customers and employees. Situated in Wayne County, Michigan, with a zip code of 48180, this location offers excellent visibility and accessibility along Telegraph Road. The property's single-tenant status provides simplicity and control for the owner, while the significant land area allows for considerable flexibility and potential for future growth. This is an ideal opportunity for an investor seeking a prime retail location with significant development potential in a thriving Michigan market. The property's existing structure, while small, provides a foundation for immediate use or redevelopment, making it an attractive option for various commercial ventures. The ample parking ensures convenient access for customers and employees, enhancing the overall appeal and functionality of the property. This 8.4-acre parcel offers a rare combination of location, size, and potential, making it a highly desirable investment.

Property profile

Verified
Property type Lifestyle centers
Year built 1970
Total area 1 SF
Lot 8.4 ac (365,904 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

7838 Telegraph Rd Taylor, MI 48180
Taylor metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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