1290 Moroe St, Monroe, MI 48162
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.