Financial
Distress signals
Property profile

1309 Lorain St Monroe, MI 48162

OFF-MARKET
Distribution centers
Property ID
US43-0283760
11,360 SF 0.57 ac lot Built 1963
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional light industrial property, located at 1309 W Lorain in Monroe, MI, offers a versatile 11,460 square foot building on a 1.07-acre lot. The property boasts a well-designed layout combining functional workspace with ample storage. A significant 7,250 square feet is dedicated to warehouse space, featuring two truck bays equipped with convenient loading docks. The high ceilings, measuring 14 feet, provide ample vertical space for various industrial needs. For administrative…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$170k
Effective rate5.86%

Value estimate

· Sep 2026
$650k
$585k – $715k
Submarket $/SF estimate$651k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$29 – $108
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1A
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.1
Building Supply15.3
Dental Office14.7

Location

1309 Lorain St Monroe, MI 48162-3394
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

10 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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