25262 Telegraph Rd Brownstown Charter Township, MI 48134
- Retail space
- 3,600 SF
- 3.10 lot acres
Current Use by Public Records
- Retail space
Property Details for 25262 Telegraph Rd
- Year built
- 1975
- Lot size
- 3.10 lot acres
- Property size
- 3,600 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 70 084 99 0039 002
- APU
- 70084990039002
Description
This exceptional 3.1-acre commercial land parcel is ideally situated at 25262 Telegraph Road in Brownstown Charter Township, Wayne County, Michigan, zip code 48134. The property boasts convenient access to Telegraph Road, near Van Horn, offering high visibility and excellent accessibility. The lot features city water and sewer connections, simplifying development and operational costs. A significant advantage is the existing curb cut directly onto Telegraph Road, providing immediate street access. The property includes a fenced yard and a substantial building footprint, previously occupied by Funk Motorsports. This building offers a 40' x 100' footprint and includes two 12-foot overhead shop doors, suitable for various commercial uses. The property's size and existing infrastructure make it an attractive opportunity for businesses seeking a well-located and functional space in a thriving community. This prime location offers significant potential for redevelopment or expansion, catering to a wide range of commercial ventures. The property's history as a motorsports facility suggests potential for related businesses, but its versatility allows for diverse commercial applications. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $415,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $570,000
- 6.5%
- $525,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $390,000
- AI Estimate
- $390,000
Market price range: $172k - $421kMarket price range: $172k - $421k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $295,000 Current use
- COMMERCIAL (GENERAL)
- $440,000 Change: +48% Conversion: Easy
- MEDICAL BUILDING
- $340,000 Change: +15% Conversion: Difficult
- OFFICE BUILDING
- $315,000 Change: +7% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $285,000 Change: -3% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $255,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Brownstown
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2792
- Latitude
- 42.1219
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA