Property summary
This exceptional 5,000-square-foot industrial property is ideally located in Monroe, MI, on North Telegraph Road, a high-traffic area boasting over 30,000 vehicles daily. The solid block building offers excellent visibility and accessibility, situated amongst major retailers and national franchises including Walmart, Tractor Supply, Lowe's, Dunham's, Ollie's, Staples, several banks, and numerous national restaurant chains. This prime commercial location ensures significant exposure and potential customer traffic. The building itself measures 50 feet by 100 feet and features a spacious showroom and a substantial warehouse area, perfect for a variety of uses. A convenient lavatory with a shower is included. The property encompasses one acre of land, with an additional adjacent acre available for expansion or future development. This presents a unique opportunity for retail, commercial, or mixed-use development, capitalizing on the high traffic counts and established commercial presence in the immediate vicinity. The combination of building features, ample land, and strategic location makes this property a compelling investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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