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Property profile & analytics
OFF-MARKET
Land

0 Raven Pkwy Monroe, MI 48161

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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