8858 Telegraph Rd Newport, MI 48166-8942
Property profile & analytics
8858 Telegraph Rd Newport, MI 48166-8942
- Auto shops
- 1,302 SF
- 1.10 lot acres
Property ID
US43-0088466
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.
Location Intelligence
Current Use by Public Records
- 3 Rays Auto Wash / Car Wash
Property Details for 8858 Telegraph Rd
- Year built
- 2005
- Lot size
- 1.10 lot acres
- Property size
- 1,302 SF
- Property type
- Auto shops
- APN
- 07-003-022-11
- APU
- 700302211
Description
This exceptional investment opportunity presents a fully renovated, high-traffic car wash and oil change facility located at 8858 N Telegraph Rd, Newport, MI 48166. The property boasts 7,000 square feet across two single-story buildings on a 1.1-acre lot, built in 2005. The car wash features four self-serve bays and an automatic wash bay, all recently remodeled. The oil change tenant occupies a portion of the space and pays a triple-net lease of $2,000 per month. Two new compressors have been recently installed. The asking price is $1,500,000, representing $214.29 per square foot and $750,000 per unit. The property is situated in Monroe County, Michigan, in a high-traffic area along N Telegraph Rd, offering significant potential for continued growth and profitability. All measurements are approximate and should be independently verified. The property features a standard ownership structure and the APN is 580700302211. This is a turnkey operation ideal for an investor seeking a stable, income-generating asset in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Monroe
- State
- Michigan
- Longitude
- -83.3542
- Latitude
- 42.006
- 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
$4,833
$0.00
$0.00
$110,200
-
$0.00
$0.00
$220,400
