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    OFF-MARKET
    Land

    2395 Telegraph Rd, Monroe, MI 48162

    0.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.49-acre commercial land parcel presents a unique investment opportunity in Monroe, Michigan. Strategically located on North Telegraph Road (US-24), this property boasts over 70 feet of frontage on Monroe's main retail corridor. Its prime position is immediately north of the Kohl's and T.J. Maxx-anchored Telegraph Plaza and directly across from Tractor Supply Company, ensuring high visibility and accessibility. Currently zoned A (Agricultural), the property offers significant potential for rezoning to accommodate commercial uses such as retail or office space, catering to the thriving local market. The parcel's size and location make it ideal for a variety of development projects. The property's APN is 07-020-003-00. This is a rare chance to acquire a highly desirable commercial lot in a bustling retail area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is located at 2395 N Telegraph Rd, Monroe, MI 48162.

    Property profile
    Verified
    Property type Land
    Lot 0.49 ac (21,344 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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