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    14011 Laplaisance St Monroe, MI 48161

    For Sale
    $299,900

    Lake Erie Access, 2000+ sq ft

    Property size:
    2,029 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2,029 sq ft industrial property, situated on 1.23 acres, presents a unique investment opportunity. Its prime location offers unparalleled accessibility, being just one minute from I-75 exit 11 and minutes from Ford's Monroe Packaging Facility (600+ employees). The property boasts convenient water access, a mere five-minute boat ride to Lake Erie via Bolles Harbor, and includes a peninsula with spacious docks featuring electrical access. A 12x12 walk-in cooler is a valuable asset, ideal for various businesses. Previously a bait shop, this C-2 zoned property is well-suited for a range of commercial ventures, including but not limited to: bait and tackle, carryout, diner, marine supply, hunting/trapping supplies, gun shop, or nautical gift shop. The docks offer additional income potential through rentals. Enjoy recreational opportunities with easy access to Lake Erie for fishing and boating. This property offers exceptional potential for growth and profitability in a highly desirable location. Don't miss this chance to own a piece of Monroe's thriving waterfront commercial scene.

    Property Features for 14011 Laplaisance St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,029 SF
    Lot Size
    53,579 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Gym & Fitness Wholesale Shop Hotel & Motel Bar & Pub Department Store Food Market Convenience Store Smoke and Vape Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.39006
    Latitude
    41.87244

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    FAQs

    What type of property is this?
    Industrial property - Lake Erie Access, 2000+ sq ft
    Where is this industrial property located?
    The property is located at 14011 Laplaisance St Monroe, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    (734) 244-5605
    Request Owner's contact information
    14011 Laplaisance St 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
    14011 Laplaisance St Monroe, MI 48161
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