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    1776 N Monroe St Monroe, MI 48162

    For Sale
    $450,000

    Vacant Land - Monroe, MI

    Lot size:
    10.72 Acres
    Days on Market:
    200
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 1776 N Monroe St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Site Condominium
    APN
    07 353 015 01
    Lot size
    10.72 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Haynes Real Estate, Inc. (734) 242-8484 [email protected]

    Listing agent Cole McNew (734) 242-8484 License #6501447424

    Listing date May 20, 2025

    MLS# 50175366 Listing URL

    Copyright © 2025 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    10.60 Acre Commercial Land Parcel

    This 10.60 acre parcel of vacant commercial land is located minutes from I-75, I-275, and the Telegraph Road shopping corridor. The site has been surveyed and includes previously approved site plans for an 84-unit condominium development, designed across 14 buildings with 6 units per building. Zoned commercial and located in a rapidly growing area, this property offers potential for residential, mixed-use, or commercial development. The site provides the infrastructure to begin development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.38707
    Latitude
    41.939823

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land near I-75, I-275, and Telegraph Road.
    Where is this commercial land located?
    The property is located at 1776 N Monroe St Monroe, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Shovel-ready 10.60 acre commercial land parcel.; - Previously approved site plans for an 84-unit condominium development.; - Zoned commercial, allowing for residential, mixed-use, or commercial development.
    (734) 242-8484
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    Monroe, MI 48162
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1776 N Monroe St Monroe, MI 48162
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