Property summary
This exceptional 10.7-acre commercial land parcel presents a unique investment opportunity in Monroe, Michigan. Located at 0 N Monroe St, 48162, this property boasts a highly desirable location just south of the Frenchtown Mall, placing it within close proximity to numerous healthcare facilities and a hospital. The site's high visibility ensures excellent exposure for any development. The permitted zoning is commercial, making it ideal for a variety of professional developments. A significant advantage is the presence of a private drive traversing the property, offering convenient internal access and potential for efficient site planning. The asking price for this owner-financed, privately owned land is $599,000. This expansive lot presents a compelling opportunity for developers seeking a strategically located site with significant potential for growth and return on investment in a thriving area of Monroe County. The property is currently vacant and ready for immediate development. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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