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Cleared Land Development Opportunity
For Sale
$74,900

00-4 Mentel Road, Monroe, MI 48162

16.07 acre cleared parcel with development potential.

Property SizeContact for details
Lot Size16.07 Acres
Days on Market189

Property Features for 00-4 Mentel Road

General Information

Standard status Active
Lot size 16.07 Acres
Property subtype Land
Listing Agency: Home Time Realty
Listed By: Sheila Bussell · License #MCAR-6505366134
Source: Alexmi
Added: Apr 26 Changed: Oct 26 Last Checked: Oct 30 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Time Realty

Rey
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Investment Insights

Based on property information with market context.

This is a 16.07-acre cleared parcel zoned agricultural, presenting a development opportunity or a site for a dream home. The property has the potential to be divided into up to four 4-acre parcels. Public water is available at the street. A septic system will be required. The property offers convenient access to the expressway, shopping, and schools. Survey and final zoning approval to be completed prior to closing. Sale is subject to municipal approval.

Key Highlights

  • Large 16.07‑acre cleared parcel.
  • Development opportunity: potential to be divided into up to four 4‑acre parcels.
  • Zoned agricultural, offering various usage possibilities.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 48162, MI

29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 16.07 acre cleared parcel with development potential.
Where is this agricultural land / farmland located?
The property is located at 00-4 Mentel Road Monroe, MI.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Large 16.07‑acre cleared parcel.; Development opportunity: potential to be divided into up to four 4‑acre parcels.; Zoned agricultural, offering various usage possibilities.
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