0 Laplaisance Rd Monroe, MI 48161
This exceptional 7-acre commercial land parcel in Monroe Charter Township, MI (48161), presents a unique investment opportunity. Located at 0 Laplaisance Road and near Lighthouse Rd, the property is zoned R-4, offering significant development potential. The asking price is $210,000. The zoning allows for 30% structural lot coverage and a maximum building height of 35 feet or 2 1/2 stories. All utilities are conveniently located on-site, simplifying development plans. A key advantage is the township's approval for two lot splits, increasing flexibility and potential return on investment. Furthermore, the property boasts easy beach access, adding to its desirability and potential for various commercial ventures. This prime location in Monroe County offers excellent accessibility and proximity to local amenities. Detailed property profiles are available upon request. Don't miss this chance to acquire a versatile commercial land parcel with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.