0 Telegraph Rd Monroe, MI 48162
This exceptional 10-acre commercial vacant land parcel presents a prime development opportunity in Monroe, Michigan. Located on the northwest corner of Telegraph Road (US-24) and Heiss Road, directly north of a Walmart, this property boasts unparalleled visibility and high traffic counts. Its strategic location on a major thoroughfare ensures maximum exposure for any commercial venture. Zoned for agriculture, this versatile land offers ample space for a variety of development projects, including but not limited to car lots, retail spaces, or office buildings. The property's size and location make it an ideal canvas for entrepreneurs and businesses seeking a high-impact presence in a thriving commercial area. The parcel's APN is 0701701620. This is an individual ownership offering at an asking price of $495,000. The property's potential is undeniable, making it a rare and attractive investment opportunity. Don't miss the chance to capitalize on this exceptional location and build your business success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.