471 Monroe StMonroe, MI 48162
- Land
- 0.29 AC
Property Details for 471 Monroe St
- Lot size
- 0.29 AC
- Zone code
- R-1A
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 55-69-01386-000
- APU
- 556901386000
Description
This exceptional .29-acre parcel, located at 471 N Monroe in Monroe, Michigan, presents a unique investment opportunity. Zoned C-1 Commercial, this property is ideally situated and ready for development. All utilities are readily available, eliminating the complexities and delays often associated with new construction projects. The site is primed for immediate development, having already cleared the initial hurdle of site plan approval with the City of Monroe. This significantly reduces the time and resources required to begin construction, making it an attractive proposition for developers seeking a swift and efficient project launch. The property's convenient location within Monroe County, Michigan, offers easy access to major transportation routes and a thriving local economy. With its prime zoning and utility access, this land is perfectly suited for a variety of commercial ventures. The asking price of $59,900 represents a compelling value for a ready-to-develop commercial lot in a desirable location. This is a rare opportunity to acquire a strategically positioned property with minimal upfront hurdles, allowing for a rapid return on investment. The 48162 zip code ensures convenient access to local amenities and a strong workforce. Don't miss this chance to secure this exceptional commercial land parcel.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,475,169
- Hospitality
- $2,267,242
- Educational
- $1,886,318
- Medical
- $1,951,192
- Retail
- $2,934,273








Location Insight
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Latitude
- 41.9235
- Longitude
- -83.3941
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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