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    Monroe, MI 48161

    For Sale
    $109,900

    Vacant Land - Monroe, MI

    Lot size:
    10.18 Acres
    Days on Market:
    259
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Residential
    APN
    12-220-014-00
    Exterior features
    Street Lights
    Lot size
    10.18 Acres

    Utilities

    Water front features
    River Frontage

    Building Details

    Architectural style
    Other

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

    Listing agent Jack Giarmo (734) 242-8484 License #6502388846

    Listing date Mar 23, 2025

    MLS# 50156146 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

    Versatile Land with Mixed Zoning

    This unique property features 45 feet of frontage on S. Custer and extends 300 feet deep. The zoning transitions from commercial at the front to R-2 residential at the rear. With a total lot size of 10.18 acres, this lot is ideal for mixed-use development, offering flexibility for both commercial and residential projects. The property's strategic location and versatile zoning make it suitable for developers seeking a blend of business and housing opportunities. It is located in Monroe, MI.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4727
    Latitude
    41.9088

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    FAQs

    What type of property is this?
    Commercial land - Land with commercial and residential zoning, ideal for development.
    Where is this commercial land located?
    The property is located at Monroe, MI.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Mixed-use development potential due to commercial and residential zoning.; - Boasting 45 feet of frontage on S. Custer.; - The lot extends to a generous 300-foot depth.
    (734) 242-8484
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    Monroe, MI 48161
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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
    Monroe, MI 48161
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