15213 Dixie Dr Monroe, MI 48161
- Industrial properties
- 6,400 SF
- 10.17 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 15213 Dixie Dr
- Year built
- 1950
- Lot size
- 10.17 lot acres
- Property size
- 6,400 SF
- Property type
- Industrial properties
Description
This exceptional 23-acre property in Monroe, MI, presents a lucrative investment opportunity. The main offering is a 6,400 square foot industrial building currently leased to a landscaping company, generating immediate cash flow. The property boasts ample parking with space for 16 vehicles. Adding to the investment potential is an adjacent residential property, also generating rental income, featuring recent upgrades including a new furnace, plumbing, and flooring. Beyond the existing structures, this property includes 10.17 acres of vacant land with multiple access points, ideal for future development or expansion. The remaining acreage comprises the existing buildings and parking area. Several outbuildings are also present on the site, offering additional storage or potential for various uses. This property's combination of existing income streams, development potential, and strategic location makes it an attractive proposition for investors and entrepreneurs seeking a strong return on investment. The property is conveniently located at 15213 S Dixie Highway in Monroe, Michigan. The asking price is $1,550,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Longitude
- -83.4208
- Latitude
- 41.894
