7986 N Telegraph Rd Newport, MI 48166
For Lease
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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.
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L C B Enterprises Inc Production Facility
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ICF Foundations Construction Company General Contractor
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.