For Sale
1248 N Telegraph Road, Monroe, MI 48162
$450,000
MLS # 20261018381 (Realcomp)
0.72 acres
1 / 2
Listing Description
0.72 acre vacant commercial land along Telegraph Road in Monroe Michigan amidst a highly active area surrounded by major investment and redevelopment. High-visibility 244’ of frontage along Monroe’s primary commercial artery—ideal for retail, service, or automotive users seeking daily traffic exposure. Great opportunity to redevelop and construct a wide variety of new uses, well-suited for single-tenant or small multi-tenant commercial development. C-2 zoning supports a broad range of commercial, automotive, service, and hospitality uses, reducing entitlement risk and expanding buyer appeal.
Source: SparkMLS
About this home
Currently offered at $450,000.
Estimated annual property tax: $3,767, or about $314 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.72 acres
Location
CityMonroe
MunicipalityMonroe City
Zip Code48162
CountyMonroe
School DistrictMonroe
Sale & Financing
Listed3/21/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,767
Parcel #58556900766000
Source: SparkMLS
Legal Description
TELELM PLACE LOTS 106; 107; 108; 109 AND 110
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joe Gruber
Carol Bollo & Associates
Frequently Asked Questions about 1248 N Telegraph Road, Monroe, MI 48162
What school district is 1248 N Telegraph Road, Monroe, MI 48162 in?
Per MLS# 20261018381, this property is served by Monroe. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261018381, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261018381, the most recent reported annual property tax for 1248 N Telegraph Road, Monroe, MI 48162 is $3,767. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1248 N Telegraph Road, Monroe, MI 48162 eligible for USDA financing?
Per USDA Rural Development boundary data, 1248 N Telegraph Road, Monroe, MI 48162 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1248 N Telegraph Road, Monroe, MI 48162 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Michigan Gas Utilities Corporation. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Monroe County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$2,919
Principal & interest$2,919
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1248 N Telegraph Road, Monroe, MI 48162
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Municipality
Monroe
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County
Monroe County
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