Property profile

1290 Moroe St Monroe, MI 48162

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel in Monroe, Michigan, presents a unique investment opportunity. Located in Frenchtown Township, adjacent to a Circle K and near the site of a future state-of-the-art self-storage facility, this property boasts a strategic position within a thriving medical services corridor, just two miles from Promedica Hospital. Its proximity to major roadways, including I-75 exit 15 (only four miles away), ensures excellent accessibility. The area offers a blend of commercial and residential development, with nearby shopping, including Walmart and Meijer, and numerous national chain restaurants. The property's location near downtown Monroe provides additional advantages. This parcel offers significant potential for healthcare providers, retailers, or storage businesses seeking a high-visibility location in a growing area. The availability of an additional acre provides expansion possibilities. The asking price is $550,000. The property is located at 1290 N Monroe St A, Monroe, MI 48162.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

1290 Moroe St Monroe, MI 48162
Monroe metro
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Value estimations

Realmo proprietary · 4 methods
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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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