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    Monroe, MI 48162

    For Sale
    $599,000

    Vacant Land - Monroe, MI

    Lot size:
    10.70 Acres
    Days on Market:
    734
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    5807 065 067 01
    Lot size
    10.70 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Tom Fritz (734) 242-8484 License #6501316758

    Listing date Dec 11, 2023

    MLS# 50106758 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

    Monroe Vacant Land For Sale

    This 10.7-acre commercial land is located in Monroe, MI, just south of the Frenchtown Mall. The property offers high visibility and is situated in an area with many health care properties and is close to the hospital. A private drive runs through the property. The zoning is commercial, making it ideal for a professional development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4386
    Latitude
    41.9636

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    FAQs

    What type of property is this?
    Commercial land - High visibility commercial land near Frenchtown Mall and hospital.
    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 $599,000.
    What are key features of this property?
    This property features: - High visibility; - Close proximity to the hospital; - Ideal for professional development
    (734) 242-8484
    Request Owner's contact information
    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
    Monroe, MI 48162
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