Mixed-Use Property with Office and
For Sale
$1,600,000
6252 Monroe Boulevard, Taylor, MI 48180
Updated office space and a flexible warehouse support a range of business operations.
Property Size20,027 SF
Lot Size2.35 Acres
Price / SF$79.89
Days on Market49
Property Features for 6252 Monroe Boulevard
General Information
Standard status
Active
Size
20,027 SF
Lot size
2.35 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1952
Buildings
1
Listing Agency:
Keller Williams Legacy
Listed By:
Valentine Jaafar
(313) 779-5524
Source:
Katie-k
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 7 at 5:45PM
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 Keller Williams Legacy
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Investment Insights
Based on property information with market context.
This 20,027-square-foot mixed-use commercial property combines an updated office suite with warehouse space on a 2.35-acre site. The office component includes six private offices and a reception area, providing a modern, functional setting for business operations. At the rear, the warehouse offers an open layout that can accommodate storage, distribution, light industrial activity, or other operational needs.
Built in 1952, the property is located just off Monroe Street near the I-94 corridor, providing access to a major transportation route. Its combination of office and warehouse improvements supports both owner-occupancy and investment use while maintaining flexibility for different commercial operations.
Built in 1952, the property is located just off Monroe Street near the I-94 corridor, providing access to a major transportation route. Its combination of office and warehouse improvements supports both owner-occupancy and investment use while maintaining flexibility for different commercial operations.
Key Highlights
- 2.35‑acre mixed‑use commercial property
- 20,027‑square‑foot building
- Updated office suite with six private offices and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,899
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,517,980
$2.5M
Cap Rate 7%
$1,798,557
$1.8M
Cap Rate 9%
$1,398,878
$1.4M
Market Conditions
NOI Build-Up for 20,027 SF
Gross rent
$153.8K $7.68/SF
− Vacancy
−$5.7K −$0.28/SF
EGI
$148.1K $7.40/SF
− OpEx
−$22.2K −$1.11/SF
NOI
$125.9K $6.29/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,517,980
Cap Rate 7%
$1,798,557
Cap Rate 9%
$1,398,878
Alternative Uses
Best Use
Mixed Use
$3.40M
$2.97M – $3.97M
NOI $237,921 @ 7.0% cap · market cap 14.87%
Second Best
Warehouse
$1.80M
$1.57M – $2.10M
NOI $125,899 @ 7.0% cap · market cap 7.87%
Theoretical Best
Specialty Retail
$3.71M
$3.24M – $4.33M
NOI $259,550 @ 7.0% cap · market cap 16.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
Explore this area
Business Placement
Demographics for 48180, MI
63,409
Population
26,741
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
23.6 sq mi
ZIP Area
2,687
Density / Sq Mi
$59,537
Median Household Income
$40,090
Median Earnings
$1,036
Median Rent
$141,200
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated office space and a flexible warehouse support a range of business operations.
Where is this mixed-use property located?
The property is located at 6252 Monroe Boulevard Taylor, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2.35‑acre mixed‑use commercial property; 20,027‑square‑foot building; Updated office suite with six private offices and reception area
