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    14930 Laplaisance Rd Monroe, MI 48161

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Monroe Retail Space Available

    Lot size:
    74,152 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 74,152 square foot retail strip center, located at 14930 Laplaisance Road in Monroe, Michigan, presents a unique investment opportunity. Situated on a generous 16.11-acre lot, this property offers multiple tenancy options, with spaces ranging from a minimum of 446 square feet to a maximum contiguous space of 5,280 square feet. Built in 1989 and zoned for commercial use, the property boasts 14 available spaces, making it ideal for a variety of retail businesses. The center is conveniently located in the Ann Arbor submarket of Monroe County, offering excellent access to a thriving consumer base. The property's below-market lease rates represent a compelling value proposition for prospective tenants. Furthermore, the expansive lot size presents the potential for outlot development, adding significant future value. This property is an excellent opportunity for investors seeking a strong return in a desirable location. The property is located in Monroe, MI, zip code 48161. The property's zoning is commercial.

    Property Features for 14930 Laplaisance Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,152 SF
    Total Rate
    55614

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Unit 117-D
    Size
    446 SF
    Rate per SF
    $9
    Space
    Unit 110
    Size
    1,783 SF
    Rate per SF
    $9
    Space
    Unit 117-F
    Size
    446 SF
    Rate per SF
    $9
    Space
    Unit 129
    Size
    1,220 SF
    Rate per SF
    $9
    Space
    Unit 120
    Size
    1,783 SF
    Rate per SF
    $9
    Space
    Unit 117-C
    Size
    446 SF
    Rate per SF
    $9
    Space
    Unit 105
    Size
    2,033 SF
    Rate per SF
    $9
    Space
    Unit 118
    Size
    1,883 SF
    Rate per SF
    $9
    Space
    Unit 117-H
    Size
    446 SF
    Rate per SF
    $9
    Space
    Unit 117-G
    Size
    446 SF
    Rate per SF
    $9
    Space
    Unit 103
    Size
    1,783 SF
    Rate per SF
    $9
    Space
    Unit 102
    Size
    1,783 SF
    Rate per SF
    $9
    Space
    Unit 119
    Size
    1,883 SF
    Rate per SF
    $9
    Space
    Unit 104
    Size
    2,033 SF
    Rate per SF
    $9

    HighLights

    • High‑visibility location on heavily trafficked La Plaisance Road.
    • Excellent access to I‑10 and major thoroughfares.
    • Large, flexible floor plan ideal for a variety of uses.
    • Ample on‑site parking available for employees and customers.
    • Recently renovated with modern finishes and updated systems.
    • Competitive lease rates and flexible lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jetscreen Printing Screen Printing Shop Family Counseling & Shelter ... Non-Profit Organization Hawkins Law Office Attorney Hoffman Bonita Attorney Monroe Vineyard Church Vineyard Church

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Gym & Fitness Hotel & Motel Department Store Food Market Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3939708
    Latitude
    41.8873225

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Monroe Retail Space Available
    Where is this neighborhood center located?
    The property is located at 14930 Laplaisance Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on heavily trafficked La Plaisance Road.; Excellent access to I-10 and major thoroughfares.; Large, flexible floor plan ideal for a variety of uses.
    Request Owner's contact information
    14930 Laplaisance Rd 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
    14930 Laplaisance Rd Monroe, MI 48161
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