Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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