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    OFF-MARKET
    Land

    1290 Moroe St, Monroe, MI 48162

    2 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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