2 years on rocket

2406 N Telegraph, Monroe, MI, 48162

$250,000

1.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #57050049351
Lot Size1.00 Acres
StatusActive

About 2406 N Telegraph

Premier 1-Acre Retail Development Opportunity This remarkable 1-acre property is perfectly positioned just north of the retail powerhouses-Walmart Supercenter, Meijer Grocery, and Aldi Grocery. It's not just about location; it's about being adjacent to Tractor Supply and surrounded by a plethora of national chain restaurants and big-box retailers, making it a prime destination for businesses seeking a prominent spot in a thriving commercial area. The convenience factor here is outstanding. Imagine your business nestled in the heart of a bustling retail hub, with Frenchtown Mall, Lowes, Kohls, TJ Max, Dunhams, Hobby Lobby, Ruby Tuesdays, Applebees, Flagstar Bank, AT&T, Verizon, Jimmy Johns, Belle Tire, Bob Evans, and more, all within a stone's throw. What's more, the neighboring properties to the north are also available for sale, offering the potential for expansion or larger-scale development, up to 3 acres, to accommodate your vision. The property's current zoning as C-2 opens doors to a wide array of possibilities. It's a versatile canvas, whether you're envisioning a retail storefront, a restaurant, or even a shopping center. All utilities are readily available, streamlining the development process and ensuring that your project has the necessary infrastructure in place. In summary, this 1-acre gem represents an exceptional retail development opportunity in a prime location. Its proximity to major retailers, national chains, and adjacent properties for sale make it a highly sought-after location for entrepreneurs and developers. If you're looking to make your mark in the retail or restaurant industry, this property offers an ideal canvas for your ambitious plans. Don't miss the chance to be part of this dynamic and thriving commercial landscape.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. - Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

School Info

Assigned Schools Information:

  • Monroe High School, Public District Grades 9-12
  • Monroe Middle School, Public District Grades 7-8
  • Raisinville School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
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Housing Market Comparison

See how this home compares to others in Monroe, MI.

Med. Sold Price

$203K

Med. Price/SqFt

$149

Avg. Days On Market

35

# of Sold Homes

52

2406 N Telegraph vs Monroe

1009 DAYS ON ROCKET

+974 Days

$250,000

+$47K More

KEY TAKEAWAY

This property is $47K more than the Median Sold Price in Monroe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southeastern Border Association of REALTORS®
  • MLS Number: #57050049351

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. - Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1442395
3
/10
  • Raisinville School

  • 2300 N Raisinville Rd

  • 2.83 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1442396
3
/10
  • Monroe Middle School

  • 503 Washington St

  • 3.17 miles

  • Public District Grades 7-8

High School

school-card-donut-1442397
3
/10
  • Monroe High School

  • 901 Herr Rd

  • 3.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,957. Typical income of Monroe, MI residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2406 N Telegraph

What is the listing price of this property?

The listing price of 2406 N Telegraph property is $250,000.

What type of property is this?

The property 2406 N Telegraph is land located in Monroe, Michigan, 48162.

Is this property for sale now?

Active Listing: 2406 N Telegraph is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2406 N Telegraph are:
Raisinville School: GreatSchools Rating 3/10
Monroe Middle School: GreatSchools Rating 3/10
Monroe High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 2406 N Telegraph is 1.00 acres.
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Rocket HomesMichiganMonroe CountyMonroe481622406 N Telegraph

This home is located at 2406 N Telegraph in Monroe, MI and zip code 48162. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since July 23, 2021 and is currently priced at $250,000.

In March 2024, from all listings sold in Monroe, MI there were more than 28 sold above asking price, over 12 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Monroe, MI between February 2024 and March 2024 decreased by 1.2%. The median list price of listings available in March 2024 was $203,000, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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