Prime shovel-ready development opportunity in a high-traffic corridor.
This vacant commercial parcel is not just land, it comes with site plans, approvals, and prior development work already completed, saving a buyer significant time, money, and risk.
Previously approved for a national franchise concept (Jimmy John’s), this site has already gone through municipal approvals and MDOT review, positioning the next owner to move directly into development. Ideal for retail, restaurant, drive-thru, or mixed-use applications.
Located on a major thoroughfare with strong daily traffic counts and excellent visibility, the property is surrounded by established national retailers and dense residential neighborhoods, ensuring consistent consumer demand.
All preliminary work has been done. Plans, engineering, and layout available. This is a rare opportunity to step into a near turnkey development and accelerate your timeline dramatically.
Opportunities like this do not come around often. Serious inquiries only.e area’s most sought-after corridors.
Lot/land
Price cut: $20.1K (5/2)
$199,900
704 N Telegraph Rd, Monroe, MI 48162
--beds
--baths
0.88Acres
Land
Built in ----
0.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-traffic corridor
- 10 days |
- 62 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sam Bazzy 313-525-5566,
EXP Realty Main 888-501-7085
Source: Realcomp II,MLS#: 20261030748
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Lot
- Size: 0.88 Acres
- Dimensions: 150.00 x 129.00
Details
- Parcel number: 58556900721000
- Zoning description: Commercial
- Special conditions: Short Sale No,Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Waterat Street
Community & HOA
Community
- Subdivision: TELELM PLACE
HOA
- Has HOA: No
Location
- Region: Monroe
Financial & listing details
- Tax assessed value: $60,850
- Annual tax amount: $4,168
- Date on market: 5/2/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract
Estimated market value
Not available
Estimated sales range
Not available
$1,535/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Price change | $199,900-9.1% |
Source: | ||
| 3/27/2026 | Listed for sale | $220,000 |
Source: | ||
| 11/9/2025 | Pending sale | $220,000 |
Source: | ||
| 11/9/2025 | Price change | $220,000-2.2% |
Source: | ||
| 4/30/2025 | Listed for sale | $225,000 |
Source: | ||
| 3/18/2025 | Pending sale | $225,000 |
Source: | ||
| 12/17/2024 | Price change | $225,000-27.4% |
Source: | ||
| 9/11/2024 | Listed for sale | $310,000+67.7% |
Source: | ||
| 7/4/2013 | Listing removed | $184,900 |
Source: Coldwell Banker Haynes Real Estate, Inc. #3436406 Report a problem | ||
| 3/1/2013 | Listed for sale | $184,900 |
Source: Coldwell Banker Haynes Real Estate, Inc. #3436406 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48162
Nearby schools
GreatSchools rating
- 6/10Manor Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 6/10Monroe Middle SchoolGrades: 6-8Distance: 1.5 mi
- NAMonroe High SchoolGrades: 8-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Michigan
- Monroe County
- Monroe
- 48162
- 704 N Telegraph Rd






