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    OFF-MARKET
    Land

    0 Swc Telegraph Rd & Buhl Rd, Newport, MI 48166

    1.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.15 ac (50,094 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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