Property profile

0 Southpointe Pkwy Monroe, MI 48162

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre vacant land parcel in Monroe, Michigan, presents a remarkable development opportunity. Located at 0 Southpointe Parkway, this property sits directly across from 21 condo developments and the Southpointe Subdivision, ensuring high visibility and accessibility. Its strategic position off US-24 (Telegraph Road), just over two miles from I-75, provides convenient access to major transportation routes and the amenities of Monroe. The property's zoning offers flexibility for both residential and commercial projects, catering to a wide range of development visions. The proximity to I-75 and the town's commercial center ensures easy access to major highways and all local amenities. This location offers a unique blend of residential tranquility and commercial convenience, making it an attractive investment for developers seeking a high-impact project in a thriving community. The asking price for this highly desirable 1-acre lot is $99,900. This presents a compelling investment opportunity with significant potential for return. The property's versatility and prime location make it an exceptional choice for those seeking to build a thriving residential community or a successful commercial venture. Don't miss this chance to acquire a piece of Monroe's promising future.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

Southpointe Pkwy Monroe, MI 48162
Monroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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