0 Swc Telegraph Rd & Buhl Rd, Newport, MI 48166
This exceptional 1.15-acre commercial land parcel presents a unique investment opportunity in Monroe County, Michigan. Located at the southwest corner of Telegraph Road and Buhl Road, this C1 (Local Commercial) zoned property boasts high visibility and accessibility. With a daily traffic count of 20,000 vehicles on Telegraph Road, this site offers unparalleled exposure for a variety of commercial ventures. Its strategic location near the city of Monroe and the proximity to I-75 and I-275 ensures convenient access for customers and employees. The property is situated adjacent to the Kimberly Estates Mobile Home Park, a 387-site community, creating a strong potential customer base for businesses such as convenience stores, restaurants, banks, retail establishments, or daycare centers. The asking price is $350,000. Within a three-mile radius, the area boasts a population of 9,274 and a median household income of $59,005, indicating a strong and stable market. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving community. The property's zoning allows for a wide range of commercial uses, making it an ideal investment for developers and entrepreneurs seeking a high-traffic location with significant growth potential. The lot size is 1.15 acres, providing ample space for development. The zip code is 48166.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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