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Property profile & analytics
OFF-MARKET
Land

14515 Laplaisance St Monroe, MI 48161

0.78 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.78 ac (33,977 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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