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    Laplaisance Rd Monroe, MI 48161

    Sponsored
    For Sale
    $210,000

    Prime 7-acre commercial lot, Monroe Township.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7-acre commercial land parcel in Monroe Charter Township, MI (48161), presents a unique investment opportunity. Located at 0 Laplaisance Road and near Lighthouse Rd, the property is zoned R-4, offering significant development potential. The asking price is $210,000. The zoning allows for 30% structural lot coverage and a maximum building height of 35 feet or 2 1/2 stories. All utilities are conveniently located on-site, simplifying development plans. A key advantage is the township's approval for two lot splits, increasing flexibility and potential return on investment. Furthermore, the property boasts easy beach access, adding to its desirability and potential for various commercial ventures. This prime location in Monroe County offers excellent accessibility and proximity to local amenities. Detailed property profiles are available upon request. Don't miss this chance to acquire a versatile commercial land parcel with significant upside.

    Property Features for 0 Laplaisance Rd

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre commercial land parcel in Monroe Charter Township, MI (48161), asking $210,000.
    • Zoned R‑4, allowing 30% lot coverage and 35‑foot max building height.
    • All utilities on‑site; township approved for two lot splits.
    • Easy beach access; excellent location with proximity to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.395751
    Latitude
    41.8814389

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    FAQs

    What type of property is this?
    Land - Prime 7-acre commercial lot, Monroe Township.
    Where is this land located?
    The property is located at Laplaisance Rd Monroe, MI.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: 7-acre commercial land parcel in Monroe Charter Township, MI (48161), asking $210,000.; Zoned R-4, allowing 30% lot coverage and 35-foot max building height.; All utilities on-site; township approved for two lot splits.
    Request Owner's contact information
    Laplaisance 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
    Laplaisance Rd Monroe, MI 48161
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