NEC of Telegraph & King

Vacant Land for Sale
Catylist Listing ID: 28878151
Property Subtypes: Multi-Family, Retail
Gross Land Area: 6.24 Acres
Sale Price: $1,000,000
Unit Price: $160,256 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 1/18/2021

Overview / Comments

PROPERTY DESCRIPTION
Over six acres of prime development property at the corner of Telegraph Road and King Road. Corner site with excellent exposure on Telegraph Road. Many allowable uses including multifamily, medical offices/clinics, retail and more. Developing area with a brand new 100,000+ SF Kroger within one-half mile of the site.

LOCATION DESCRIPTION
Located on the northeast corner of Telegraph Road and King Road. A little over a mile from I-75 and close proximity to I-275.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Downriver South
Tax ID/APN: 70-029-99-005-703
Zoning: TC, TOWN CENTER
Area Description: Located at the north east corner of Telegraph Road and King Road. A little over a mile from I-75 and close proximity to I-275.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,566 59,845 169,962
Median Age: 39.8 38.53 39.75
Households: 2,365 23,383 68,104

Contact

Photograph of Listing Agent

Kevin Jappaya, CCIM

KJ Commercial CPIX Member
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