2390 Telegraph Rd, Monroe, MI 48162-8902
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.