Property profile

0 Dixie Hwy Monroe, MI 48162

OFF-MARKET
Land
2.2 ac lot
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Property summary

AI-generated overview

This exceptional 2.2-acre commercial land parcel, totaling 95,832 square feet, presents a remarkable investment opportunity in the thriving Frenchtown Business Park in Monroe, Michigan. Situated on N Dixie Hwy, this property boasts an enviable location, directly across from a proposed new hospital, ensuring high visibility and accessibility. Its proximity to I-75/N. Dixie provides convenient access to major transportation routes, making it an attractive site for a wide range of commercial ventures. The zoning allows for diverse development options, including hotels, restaurants, industrial facilities, retail establishments, or a multi-unit commercial center. This prime location offers significant potential for substantial returns. The asking price is $230,803. Property taxes are to be determined. This is a rare opportunity to acquire a sizable commercial lot in a rapidly developing area with excellent infrastructure and high growth potential. Don't miss out on this chance to secure a strategic position in the heart of Monroe's commercial landscape.

Property profile

Verified
Property type Land
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Dixie Hwy Monroe, MI 48162
Monroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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