2390 Telegraph RdMonroe, MI 48162

  • Warehouses
  • 5,000 SF
For Sale
$549,000 View listing

Property Details for 2390 Telegraph Rd

Year built
1985
Lot size
1.00 AC
Property size (Sq ft)
5,000 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
07-079-012-00
APU
707901200

Description

This exceptional 5,000-square-foot industrial property is ideally located in Monroe, MI, on North Telegraph Road, a high-traffic area boasting over 30,000 vehicles daily. The solid block building offers excellent visibility and accessibility, situated amongst major retailers and national franchises including Walmart, Tractor Supply, Lowe's, Dunham's, Ollie's, Staples, several banks, and numerous national restaurant chains. This prime commercial location ensures significant exposure and potential customer traffic. The building itself measures 50 feet by 100 feet and features a spacious showroom and a substantial warehouse area, perfect for a variety of uses. A convenient lavatory with a shower is included. The property encompasses one acre of land, with an additional adjacent acre available for expansion or future development. This presents a unique opportunity for retail, commercial, or mixed-use development, capitalizing on the high traffic counts and established commercial presence in the immediate vicinity. The combination of building features, ample land, and strategic location makes this property a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $979,722
    Hospitality
    $897,420
    Educational
    $746,643
    Medical
    $772,321
    Retail
    $1,161,444

Location Insight

City
Monroe
County
Monroe
State
Michigan
Latitude
41.9555
Longitude
-83.3953
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
$15,447
-
-
$313,400
-
-
-
$626,800

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