2406 Telegraph Rd Monroe, MI 48162
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 2406 Telegraph Rd
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial land parcel in Monroe, MI (APN: 07 076 0001 00), zoned C-2, presents a remarkable retail development opportunity. Located at 2406 N Telegraph Rd, 48162, this property boasts an ideal location, situated directly north of major retailers including Walmart, Meijer, and Aldi. Its strategic position ensures high visibility and accessibility, surrounded by a dense concentration of national chain restaurants and big-box stores such as Tractor Supply, Lowe's, Kohl's, TJ Maxx, Dunham's, Hobby Lobby, and numerous others including Frenchtown Mall. The property's proximity to these established businesses guarantees significant foot traffic and consumer exposure, making it an attractive proposition for a wide range of commercial ventures. The asking price is $761,000, translating to $184,000 per acre. All utilities are readily available, simplifying the development process. An adjacent 0.65-acre parcel is also available for purchase, providing the potential for expansion up to 2.15 acres, catering to larger-scale development projects. This versatile site is suitable for various commercial uses, including retail storefronts, restaurants, or even a shopping center. This prime location offers unparalleled potential for significant return on investment in a thriving commercial area.
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
- County
- Monroe
- State
- Michigan
- Longitude
- -83.3963
- Latitude
- 41.956
