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    Property profile & analytics

    12375 Telegraph Rd La Salle, MI 48145

    • Commercial real estate
    • 12,952 SF
    • 5.39 lot acres
    For Sale
    View listing
    $749,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-1217674
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Laroy's Hall / Wedding Venue

    Property Details for 12375 Telegraph Rd

    Year built
    1995
    Lot size
    5.39 lot acres
    Property size
    12,952 SF
    Property type
    Commercial real estate
    APN
    09-028-016-10
    APU
    902801610

    Description

    This exceptional 12,344 sq ft commercial property, situated on a desirable 5.39-acre lot in La Salle, Michigan (48145), presents a unique investment opportunity. Boasting high visibility on US Route 24/Telegraph Road, the property benefits from significant traffic exposure. The expansive building features two separate halls, each with its own entrance, totaling over 8,000 sq ft of versatile event space. A beautifully landscaped lot provides over 200 parking spaces and a dedicated bridal garden, ideal for outdoor events. The property also includes a covered canopy for convenient guest drop-off, a 22x15 professional office, a well-equipped 20x17 kitchen with Garland appliances, over 300 sq ft of kitchen storage, and a substantial 270 sq ft walk-in cooler/freezer. Additional amenities include a 30x45 ft garage, a shed, and a privacy fence. The property is currently home to a thriving banquet and catering business. Asking price is $749,000. Showings are by appointment only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Salle
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4815
    Latitude
    41.8442
    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
    $12,950
    $0.00
    $0.00
    $323,600
    -
    $0.00
    $0.00
    $647,200

    Comparable in this City

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    Similar Nearby for Sale

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    La Salle, MI 48145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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