Prime Commercial Development Opportunity – High-Traffic, High-Visibility Site This strategically located vacant development site offers an exceptional opportunity for a variety of commercial ventures. The previous building has been cleared, providing a blank canvas for your vision, whether it’s retail, office, or mixed-use development. With over 30,000 vehicles passing by daily, the site boasts unparalleled visibility and accessibility, making it an ideal location for attracting customers and clients. Situated just one mile north of the picturesque River Raisin and adjacent to a bustling retail and restaurant corridor, this property is surrounded by major national brands, including Meijer, Walmart, Lowe's, Staples, Culver's, McDonald's, Dairy Queen, Five Guys, and more. The site benefits from strong foot traffic and a prime location in a rapidly expanding area. In addition to its strategic positioning, the Monroe City Municipal Authority is highly supportive of new development, further enhancing the appeal of this location. Whether for retail, commercial, or mixed-use purposes, this property presents an unparalleled opportunity in a thriving, high-demand market. Don’t miss your chance to capitalize on this rare find in one of the area’s most sought-after corridors.
Property Details
Property Features
Listing Office:
Office Name: EXP Realty Main
Office Phone: (888) 501-7085
Listing Agent: Sam Bazzy
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.88 Acres
Other
Directions Information:
Directions: On Telegraph West Front Street and Cole Rd
Price Information
Listing Price Info
Price Summary:
List Price: $225,000
Tax Information:
Annual Amount: $3,774
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monroe, MI.
This property is $20K more than the Median Sold Price in Monroe, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240092758
Listing Office:
Office Name: EXP Realty Main
Office Phone: (888) 501-7085
Listing Agent: Sam Bazzy
Disclaimer: 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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Waterloo Elementary School
1933 S Custer Rd
Distance between this listing and this school0.52 miles
Public District Grades PK-6
5
/10
Manor Elementary School
1731 W Lorain St
Distance between this listing and this school1.14 miles
Public District Grades PK-6
3
/10
Arborwood Elementary School
1135 Riverview Ave
Distance between this listing and this school2.02 miles
Public District Grades PK-6
Nearby Schools
5
/10
Monroe Middle School
503 Washington St
Distance between this listing and this school1.00 miles
Public District Grades 6-8
6
/10
Triumph Academy
3000 Vivian Rd
Distance between this listing and this school3.90 miles
Public Charter Grades KG-8
4
/10
Jefferson Middle School
5102 N Stony Creek Rd
Distance between this listing and this school6.05 miles
Public District Grades 5-8
Nearby Schools
5
/10
Monroe High School
901 Herr Rd
Distance between this listing and this school0.98 miles
Public District Grades 8-12
2
/10
Orchard Center High School
1750 Oak St
Distance between this listing and this school2.27 miles
Public District Grades 6-12
9
/10
Monroe County Middle College
1101 S Raisinville Rd
Distance between this listing and this school2.57 miles
The neighbors living near this home have an average income of $32,069. Typical income of Monroe, MI residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 704 N Telegraph Rd
What is the listing price of this property?
The listing price of 704 N Telegraph Rd property is $225,000.
What type of property is this?
The property 704 N Telegraph Rd is land located in Monroe, Michigan, 48162.
Is this property for sale now?
Active Listing: 704 N Telegraph Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,774 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 24, 2014 for $71,500. (source: MLS/tax record).
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This home is located at 704 N Telegraph Rd in Monroe, MI and zip code 48162. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $225,000.
In November 2024 more than 15 listings in Monroe, MI were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 20 were sold below. The number of homes for sale in Monroe, MI decreased by 1% between October 2024 and November 2024. While the average time on the market in November 2024 was 49 days, the median list price was $205,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. 
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