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    204 Macomb B Monroe, MI 48161

    Sponsored
    For Lease
    $8 SF/Yr ($3,472 /Mo)

    Prime Monroe Office Space - 4,752 SF

    Lot size:
    4,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 204 S Macomb B in Monroe, Michigan, presents a unique investment opportunity. The 4,752 square foot building, constructed in 1973, sits on a 0.17-acre lot and is currently entirely vacant, offering immediate occupancy for a single tenant. The property is classified as both office and land, providing flexibility for various commercial uses. The building's single suite layout offers a cohesive and efficient workspace. Situated in Monroe County, Michigan, with a zip code of 48161, this location provides convenient access to local amenities and transportation routes. The property's size and layout are ideal for a business seeking a substantial and adaptable space. The entire 4,752 square feet is available for lease, presenting a rare opportunity to secure a significant footprint in a desirable location. This is a prime opportunity for a business looking to establish a strong presence in Monroe, Michigan. The property's 1973 construction offers a chance to renovate and modernize to suit specific business needs. The 0.17-acre lot provides ample space for potential expansion or outdoor amenities. This fully vacant building offers a blank canvas for a new tenant to create their ideal workspace. The property's commercial zoning allows for a wide range of potential uses. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 204 Macomb B

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,752 SF
    Total Rate
    3472.92

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    Size
    4,752 SF
    Rate per SF
    $8
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.396601
    Latitude
    41.913758

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    FAQs

    What type of property is this?
    Land - Prime Monroe Office Space - 4,752 SF
    Where is this land located?
    The property is located at 204 Macomb B Monroe, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    Request Owner's contact information
    204 Macomb B 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
    204 Macomb B Monroe, MI 48161
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