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    OFF-MARKET
    Land

    13 Mile & Telegraph, Franklin, MI 48025

    3.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 3.22 ac (140,263 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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