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    Southpointe Pkwy Monroe, MI 48162

    Sponsored
    For Sale
    $99,900

    Prime 1-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre vacant land parcel in Monroe, Michigan, presents a remarkable development opportunity. Located at 0 Southpointe Parkway, this property sits directly across from 21 condo developments and the Southpointe Subdivision, ensuring high visibility and accessibility. Its strategic position off US-24 (Telegraph Road), just over two miles from I-75, provides convenient access to major transportation routes and the amenities of Monroe. The property's zoning offers flexibility for both residential and commercial projects, catering to a wide range of development visions. The proximity to I-75 and the town's commercial center ensures easy access to major highways and all local amenities. This location offers a unique blend of residential tranquility and commercial convenience, making it an attractive investment for developers seeking a high-impact project in a thriving community. The asking price for this highly desirable 1-acre lot is $99,900. This presents a compelling investment opportunity with significant potential for return. The property's versatility and prime location make it an exceptional choice for those seeking to build a thriving residential community or a successful commercial venture. Don't miss this chance to acquire a piece of Monroe's promising future.

    Property Features for 0 Southpointe Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre vacant land parcel in Monroe, MI, located at 0 Southpointe Parkway.
    • High visibility across from 21 condo developments and the Southpointe Subdivision.
    • Convenient access to US‑24 and I‑75.
    • Flexible zoning for residential or commercial development.
    • Asking price: $99,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4003037
    Latitude
    41.9480522

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, ideal for development.
    Where is this land located?
    The property is located at Southpointe Pkwy Monroe, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 1-acre vacant land parcel in Monroe, MI, located at 0 Southpointe Parkway.; High visibility across from 21 condo developments and the Southpointe Subdivision.; Convenient access to US-24 and I-75.
    (734) 345-2999
    Request Owner's contact information
    Southpointe Pkwy Monroe, MI 48162
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    Monroe, MI 48162
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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
    Southpointe Pkwy Monroe, MI 48162
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