12841 Telegraph Rd Taylor, MI 48180
- Commercial real estate
- 5.32 lot acres
Current Use by Public Records
- Melec Investment Partners / Investment Service
Property Details for 12841 Telegraph Rd
- Lot size
- 5.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.32-acre property in Taylor, Michigan, presents a remarkable redevelopment opportunity. Located at 12841 Telegraph Rd, 48180, this land boasts prime frontage on both Telegraph Road and Pine Street, offering excellent visibility and accessibility. Its strategic location near the intersection of Telegraph Road and Northline Road ensures high traffic volume and exposure. Currently improved with a residential dwelling and a two-car detached garage, the property is zoned R-2, making it ideal for various multifamily developments, such as townhomes. The generous lot size and thriving commercial and residential surroundings create immense potential for growth and significant return on investment. While the existing structures offer immediate income potential, the true value lies in the land's capacity for future development. Note that an additional 1.67 acres on Northline Road, not included in this sale, are available for purchase separately, should a buyer desire to expand the project footprint. This is a rare chance to acquire a substantial parcel in a desirable location with significant upside potential. Asking price is $329,900.
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
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.268555438388
- Latitude
- 42.212956204112
