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Property profile & analytics
FOR LEASE
Flex space

7986 N Telegraph Rd Newport, MI 48166

100,918 SF 14.41 ac lot Built 1966
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US43-1972506
Property summary
AI-generated overview

This exceptional 14.4-acre commercial property in Newport, Michigan, presents a unique investment opportunity. The property features a 5,250 square foot office building with one suite, ideal for a variety of businesses. Located on N Telegraph Road (US-24), this prime location offers unparalleled access to major transportation arteries, including I-275 and I-75, and is conveniently situated less than a mile from I-275 and I-75, and just 15 minutes from Detroit Metropolitan Airport (DTW). The office space boasts 10-foot ceilings, creating a spacious and flexible layout easily adaptable to various business needs. The interior includes private offices and open workspaces, allowing for customized configurations. Modern amenities such as high-speed internet connectivity, efficient heating and cooling systems, and abundant natural light enhance the workspace. The property also includes an employee break area and dedicated restrooms within the suite, along with ample parking and secure access control. Additional semi-parking and warehouse space may be available upon request. This property is situated in Monroe County and offers a combined office and land opportunity with significant potential. The property is ready for immediate occupancy.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1966
Total area 100,918 SF
Lot 14.41 ac (627,656 SF)
APN 07-009-043-00
UPID US43-1972506
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • L C B Enterprises Inc Production Facility
  • ICF Foundations Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cox Real Estate I LLC · 11 yrs held
Cox Real Estate I LLC
since 2014
3 recorded transactions
2024
Price N/A
2022
Price N/A
2014
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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