611 Telegraph RdMonroe, MI 48162

  • Sports & entertainment properties
  • 63,948 SF
For Sale

Property Details for 611 Telegraph Rd

Year built
1961
Construction
WOOD FRAME
Lot size
6.01 AC
Property size (Sq ft)
63,948 SF
Zone code
R-1A
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
55-69-00659-044
APU
556900659044

Description

This exceptional 6-acre commercial land parcel presents a remarkable development opportunity in Monroe, Michigan. Located at 611 N Telegraph Rd, this property boasts 450 feet of frontage on a busy north/south commercial corridor, experiencing over 30,000 vehicles daily. Its substantial size and dimensions are ideally suited for large-scale retail development, accommodating big-box or mid-box stores. The site benefits from a pre-existing, large parking lot, eliminating the need for extensive groundwork in this regard. All site improvements related to a previously demolished building have been completed. Adding to its appeal, a liquor license is available with the property. This prime location and the existing infrastructure make this a truly exceptional opportunity for investors seeking high-impact commercial development in a thriving area. The property is situated in Monroe County, Michigan, with a Monroe zip code of 48162. The coordinates are 41.9316862 latitude and -83.4116133 longitude.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,530,249
    Hospitality
    $11,477,641
    Educational
    $9,549,263
    Medical
    $9,877,676
    Retail
    $14,854,408
611 Telegraph Rd, Monroe, Michigan
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Location Insight

City
Monroe
County
Monroe
State
Michigan
Latitude
41.9311
Longitude
-83.4118
CBSA code
33780
CBSA name
MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,315
-
-
$640,150
-
-
-
$1,280,300

FAQs

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