Property profile

15005 Telegraph Rd Flat Rock, MI 48134

FOR SALE
Commercial land
Property ID
US43-0763465
0.25 ac lot
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,000 square foot freestanding retail building is ideally situated in downtown Flat Rock, Michigan, at 15005 Telegraph Road, zip code 48134. Boasting prime frontage on Telegraph Road, this property offers unparalleled commercial exposure and visibility to high traffic volume. The asking price is $399,000, translating to a price per square foot of $99.75. The building presents a turnkey opportunity for an owner-user or investor, with the potential inclusion of an established escape room business. Its attractive curb appeal and pleasant outdoor setting along the Huron River create a welcoming atmosphere. Ample parking is available, ensuring convenient access for customers and employees with smooth ingress and egress. This property is a rare find, combining a desirable location with a functional and appealing building, making it an excellent investment opportunity. The building's size and location make it suitable for a variety of retail uses. The existing escape room business offers a unique potential revenue stream for the new owner. Don't miss this chance to own a thriving retail space in a vibrant community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.25 ac (10,890 SF)
APN 58 093 99 0007 000
UPID US43-0763465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center

Location

15005 Telegraph Rd Flat Rock, MI 48134
Flat Rock metro Census 599001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
Last sale
$280,000
6 recorded transactions
2022
Price N/A
2017
Price N/A
2016
Price N/A
2013
Price N/A
2013
Price N/A
2006
$280,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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