Telegraph Rd Monroe Charter Township, MI 48161
- Land
Current Use by Public Records
- Land
Property Details for 0 Telegraph Rd
- Property type
- Land
Description
This exceptional commercial land offering in Monroe Charter Township, Michigan presents a unique investment opportunity. Located on S Telegraph Rd, zip code 48161, the property encompasses a sizable area ranging from 2.23 to 5.29 acres. The land is zoned for Mixed Use, providing considerable flexibility for a variety of development projects. All necessary infrastructure is already in place, simplifying the development process and reducing upfront costs. The site benefits from a thriving surrounding community, evidenced by the recent construction and sale of 16 new condos, with an additional 8 planned for spring. Currently, 40 occupied units exist in the immediate vicinity, further highlighting the area's strong demand and potential for future growth. Plans are underway for an additional 72 units, indicating a robust and expanding residential market. This property is particularly well-suited for fast food establishments, drive-through businesses, retail outlets, office spaces, and numerous other commercial ventures. The parcels are available for purchase individually or as a combined unit, offering buyers the flexibility to acquire the ideal size for their specific needs. This prime location and versatile zoning make this an exceptional opportunity for investors seeking high-growth potential in a dynamic market.
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
- Monroe Charter Township
- County
- Monroe
- State
- Michigan
- Longitude
- -83.4377
- Latitude
- 41.8849