Property profile

26316 Telegraph Rd Flat Rock, MI 48134

FOR SALE
Commercial land
Property ID
US43-1746977
1,980 SF 3.35 ac lot Built 1930
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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26316 Telegraph Rd, Flat Rock, MI 48134 For Sale
Contact for pricing 1,980 SF
26316 Telegraph Rd, Flat Rock, MI 48134
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Property summary

AI-generated overview

This exceptional 3.64-acre commercial land parcel presents a prime development opportunity in Flat Rock, Michigan. Strategically located at 26316 Telegraph Road, this property boasts over 300 feet of road frontage, ensuring high visibility and accessibility. The site is situated directly in front of a newly constructed Meijer store, guaranteeing significant foot traffic and consumer presence. Zoned C-3 for General Commercial use, this land offers immense potential for a wide range of businesses. The property's APN is 58-085-99-0003-000, and its location within Wayne County provides access to a robust infrastructure and established community. The asking price is $399,000, with annual property taxes totaling $4,652. This exceptional location, combined with its generous size and favorable zoning, makes this a truly remarkable investment opportunity for discerning developers and entrepreneurs seeking a high-impact commercial venture. The property's prime location and visibility make it an ideal site for a variety of commercial uses, capitalizing on the significant traffic generated by the adjacent Meijer. Don't miss this chance to secure a prominent position in a thriving commercial area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1930
Total area 1,980 SF
Lot 3.35 ac (145,926 SF)
APN 58 085 99 0003 000
UPID US43-1746977

Cap rate & NOI

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

Location

26316 Telegraph Rd Flat Rock, MI 48134
Flat Rock metro Census 599001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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