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    14515 Laplaisance St Monroe, MI 48161

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    For Sale
    Contact for pricing

    High-traffic location, 0.78 acres, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.78-acre commercial land parcel presents a unique investment opportunity in Monroe, Michigan. Strategically located on Laplaisance, it enjoys unparalleled visibility and accessibility due to its proximity to the busy I-75 corridor, just south of the I-275 interchange. The property's prime location offers significant advantages, including high traffic counts and easy access for customers and employees. An available outlot, this site benefits from its adjacency to established national restaurant chains such as Taco Bell, Wendy's, and McDonald's, ensuring high foot traffic and brand recognition. Adding to its appeal, the property backs up to an 18-hole golf course, providing a tranquil backdrop and potentially attracting a diverse clientele. The area also boasts the presence of major employers like Tenneco and Midway Products, further solidifying its potential for commercial success. This land represents a main gateway into the city of Monroe, making it an ideal location for a variety of commercial ventures. The property is available for sale or lease, offering flexibility to potential investors and businesses. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving area.

    Property Features for 14515 Laplaisance St

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • High‑traffic I‑75 corridor, south of I‑275 interchange.
    • Available outparcel.
    • Excellent co‑tenancy with Taco Bell, Wendy's, and McDonald's.
    • Adjacent to an established 18‑hole golf course.
    • Proximity to Tenneco and Midway Products headquarters.
    • Prime location at the main entrance to Monroe.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Gym & Fitness Wholesale Shop Hotel & Motel Bar & Pub Department Store Food Market Convenience Store Smoke and Vape Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3957351
    Latitude
    41.8824571

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    FAQs

    What type of property is this?
    Land - High-traffic location, 0.78 acres, ideal for development.
    Where is this land located?
    The property is located at 14515 Laplaisance St Monroe, MI.
    What are key features of this property?
    This property features: High-traffic I-75 corridor, south of I-275 interchange.; Available outparcel.; Excellent co-tenancy with Taco Bell, Wendy's, and McDonald's.
    Request Owner's contact information
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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
    14515 Laplaisance St Monroe, MI 48161
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