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Property profile & analytics

304 Telegraph Rd Monroe, MI 48162-3232

  • Commercial real estate
  • 9,524 SF
  • 0.59 lot acres
OFF-MARKET
Last Sale
May 18, 2022
$530,000
Value Estimations
$505,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-0548652
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lucio's SXSfull Hair Care / Barber Shop
  • Dr. Matthew Cawood / Chiropractor / Practitioner Service Location

Property Details for 304 Telegraph Rd

Year built
1960
Construction
WOOD FRAME
Lot size
0.59 lot acres
Property size
9,524 SF
Zone code
R-1A
Property type
Commercial real estate
APN
55-69-00682-000
APU
556900682000

Description

This 800 sq ft retail space, located at 304 N Telegraph, is part of a shopping center with high visibility and traffic counts. Situated north of the river, it enjoys proximity to established businesses like FarmAll and Goodwill. The property features ample parking and a pole sign, enhancing its visibility and accessibility. Built in 1970, the space is zoned C-2, allowing for a variety of retail, office, or service uses. Previously occupied by a barber shop, this single-suite space is available immediately. The lease is a modified gross lease, meaning the tenant is responsible for their utilities. This presents a unique opportunity for businesses seeking a high-traffic location with excellent visibility and convenient parking. The property offers a strong foundation for a thriving business, benefiting from its strategic location and established commercial surroundings. The space's previous use as a barber shop provides a ready-made layout, potentially reducing initial setup costs. The ample parking ensures customer convenience, a key factor for attracting and retaining clientele. The C-2 zoning provides flexibility for a range of business types.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $505,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $427,000
    Market price range: $424k - $1.21M
    AI Estimate
    $427,000
    Market price range: $424k - $1.21M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Monroe
County
Monroe
State
Michigan
Longitude
-83.4129
Latitude
41.9262
CBSA code
33780
CBSA name
MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,718
$0.00
$0.00
$199,070
-
$0.00
$0.00
$398,140
More about this property
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