704 N TELEGRAPH Road

About this home

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.

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Monroe

Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $199,900, and has been on the market 151 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

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