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    7027 E Dunbar Rd Monroe, MI 48161

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    For Sale
    $3,195,000

    Land approved for industrial, commercial, and cannabis cultivation uses.

    Lot size:
    75.93 Acres

    Property Features for 7027 E Dunbar Rd

    General Information

    Lot size
    75.93 Acres

    Source: Signature Associates Agent Brad M. Viergever

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Ready For Development

    This land parcel is available for sale and is suitable for various development projects. The site has received approval for all industrial and commercial uses, including adult-use cannabis cultivation. All utilities are available on site, facilitating immediate development. The property is located adjacent to a 16-acre parcel and a 30-acre parcel, which are also for sale. A large-scale development is underway nearby, with ground broken for a 1,100,000 square foot packaging and warehouse facility on a 98-acre site. This build-to-suit project is intended for a single tenant and is supported by a long-term lease with a leading automotive manufacturer.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Clothing Store Hotel & Motel Food Market Grocery Store Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.38637
    Latitude
    41.89028

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    FAQs

    What type of property is this?
    Land - Land approved for industrial, commercial, and cannabis cultivation uses.
    Where is this land located?
    The property is located at 7027 E Dunbar Rd Monroe, MI.
    What is the asking price?
    The asking price for this property is $3,195,000.
    What are key features of this property?
    This property features: - Approved for industrial, commercial, and adult-use cannabis cultivation.; - All utilities are on site, ready for building.; - Adjacent to 16-acre and 30-acre parcels, also for sale.
    (248) 767-3146
    Request Owner's contact information
    7027 E Dunbar Rd Monroe, MI 48161
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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
    7027 E Dunbar Rd Monroe, MI 48161
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