13 Mile & Telegraph, Franklin, MI 48025
This exceptional 3.22-acre vacant land parcel presents a unique investment opportunity in Franklin, Michigan. Strategically located at the northwest quadrant of the highly visible intersection of Telegraph and 13 Mile Roads, this property boasts over 400 feet of frontage along Telegraph Road, ensuring maximum exposure. Currently zoned R-1 (Residential), this site offers significant potential for various commercial developments, subject to necessary approvals and permits. The property's prime location provides easy access to major transportation arteries, including the proximity to I-696 and The Lodge Freeway, enhancing its appeal for businesses seeking convenient access to regional transportation networks. The expansive lot size allows for considerable flexibility in design and development, catering to a wide range of commercial ventures. This is a rare opportunity to acquire a substantial land parcel in a high-traffic area with excellent visibility and convenient access to key roadways. The asking price for this exceptional property is $799,000. The property is located in Oakland County, Michigan, with a zip code of 48025.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.