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    11 Hurd Rd Monroe, MI 48162

    For Sale
    $965,000

    Prime 11-acre industrial site, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11-acre commercial land parcel presents a unique opportunity for industrial development in Monroe, Michigan. Located at 11 Acres W Hurd Rd, this property boasts approximately 385 feet of frontage on W Hurd Rd, offering excellent visibility and accessibility. Zoned for Light Industrial use, the site is ideally suited for a variety of applications, including production, manufacturing, indoor/outdoor storage, and warehousing/distribution. The property's strategic location, just 2 miles west of I-75, provides convenient access to major transportation arteries, enhancing logistical efficiency. In 2006, the site received approval for the development of a metal frame manufacturing facility, streamlining the permitting process for future projects. All utilities are readily available, simplifying infrastructure development. The annual property taxes are $3,393.58. This 11-acre site represents a compelling investment opportunity for businesses seeking a well-situated, versatile industrial property in a thriving Michigan market. The asking price for this exceptional property is $965,000.

    Property Features for 11 Hurd Rd

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 385 feet of frontage on W Hurd Rd.
    • Suitable for production, manufacturing, indoor/outdoor storage, and warehousing/distribution.
    • Offered at $965,000.
    • 11‑acre light industrial zoned site.
    • Previously approved (2006) for a metal frame manufacturing facility.
    • Two miles west of I‑75.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Daycare Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3921852
    Latitude
    41.96844

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    FAQs

    What type of property is this?
    Land - Prime 11-acre industrial site, excellent location.
    Where is this land located?
    The property is located at 11 Hurd Rd Monroe, MI.
    What is the asking price?
    The asking price for this property is $965,000.
    What are key features of this property?
    This property features: 385 feet of frontage on W Hurd Rd.; Suitable for production, manufacturing, indoor/outdoor storage, and warehousing/distribution.; Offered at $965,000.
    (248) 848-1253
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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
    11 Hurd Rd Monroe, MI 48162
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