Property profile

8858-8844 Telegraph Rd Newport, MI 48166

OFF-MARKET
Retail properties & Spaces
7,000 SF 1.1 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 7,000 square foot retail property, located at 8858-8844 N Telegraph Road in Newport, Michigan (zip code 48166), presents a unique investment or operational opportunity. The property is currently vacant and available for immediate lease or sale. The building sits on a sizable 1.1-acre lot, providing ample space for operations and potential expansion. The property's classification as a single-tenant retail space ensures ease of management and streamlined operations. Its primary use is as a quick-change oil and car wash facility, catering to a high-traffic area within Monroe County. The substantial 7,000 square feet of space offers significant potential for a variety of automotive-related businesses or even a complete overhaul to suit a different retail concept. The property's location in Newport, Michigan, offers excellent visibility and accessibility, making it an ideal location for attracting customers. The property's size and location make it a highly attractive proposition for entrepreneurs seeking a turnkey operation or investors looking for a strong return on investment. All utilities are available and ready for connection. This is a rare opportunity to acquire a well-situated, substantial retail property in a thriving market. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,000 SF
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8858-8844 Telegraph Rd Newport, MI 48166
Newport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8858-8844 Telegraph Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message