0 Raven Pkwy Monroe, MI 48161
This exceptional 29,900 dollar parcel of land, located on Raven Parkway in Monroe, Michigan (zip code 48161), presents a unique dual-use opportunity. Zoned for both commercial and residential development, this property offers significant flexibility for a variety of projects. The spacious lot boasts convenient access to all necessary utilities, making it an attractive option for builders and investors alike. Its desirable location is surrounded by beautiful homes, suggesting a strong potential for residential development, while its commercial zoning opens doors to a range of business ventures. The property's generous size and convenient access to utilities are key advantages. Furthermore, the lot backs up to a small creek, adding a natural and scenic element to the property. This deep lot provides ample space for construction and landscaping, offering a blank canvas for creative development. The property's address is Raven Pkwy, Monroe, MI 48161, and its coordinates are 41.88621 latitude and -83.416575 longitude. This is an excellent opportunity to acquire a versatile property in a highly desirable area of Monroe County, Michigan. The asking price is $29,900.
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.