21640 Telegraph Rd Brownstown Charter Township, MI 48174
- Land
- 5.40 lot acres
Current Use by Public Records
- Land
Property Details for 21640 Telegraph Rd
- Lot size
- 5.40 lot acres
- Property type
- Land
Description
This 5.4-acre parcel in Brownstown Charter Township, MI (48174), presents a remarkable investment opportunity. Located at 21640 Telegraph Rd, this property is zoned TC, permitting multifamily housing development. Its strategic location offers easy access to major highways, shopping, schools, and public transportation, ensuring high resident appeal. The land is development-ready, with readily accessible utilities including water, electricity, and sewer lines, streamlining the construction process. The picturesque setting allows for the incorporation of green spaces and recreational areas within the development. Given the area's rapid growth and high demand for multifamily housing, this site promises strong appreciation potential and high occupancy rates for any built project. The asking price is $400,000. This is an exceptional chance to capitalize on the booming multifamily market in a thriving Michigan community. Don't miss this chance to acquire a valuable asset with significant long-term return potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownstown Charter Township
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2688
- Latitude
- 42.1476
