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Property profile & analytics
OFF-MARKET
Land

0 Telegraph Rd Taylor, MI 48180

12.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.14-acre parcel, identified by APN 60-073-99-0018-706, presents a remarkable opportunity for residential development in Taylor, Michigan. Located on Telegraph Rd, zip code 48180, this Wayne County property is zoned R-1A, offering significant potential. The asking price is $887,000, translating to $101,720.18 per acre. A significant portion (8.72 acres) is already planned for Devonshire Cove Condominiums, a project encompassing 98 four-unit, fully improved condo sites and a single duplex home. The site boasts a road infrastructure with utilities stubbed at each planned building site, simplifying the development process. While specific terms are to be determined, this property offers a compelling investment prospect for developers seeking a well-positioned, ready-to-build residential land in a desirable Michigan location. The property's latitude and longitude coordinates are 42.2247601 and -83.2689026 respectively. This is a rare opportunity to acquire a large, well-planned residential development site in a thriving community.

Property profile
Verified
Property type Land
Lot 12.14 ac (528,818 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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