Technical
Financial
Distress signals
Property profile

1086 Monroe St Monroe, MI 48162

OFF-MARKET
Industrial properties
Property ID
US43-0028773
1,390 SF 0.32 ac lot Built 2004
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,390 square foot industrial condo, located at 1086 N Monroe in Monroe, MI, presents a fantastic investment opportunity. Situated on a 0.32-acre lot, this corner unit boasts four generously sized exam rooms, ideal for a variety of professional uses. One exam room includes a private bath, easily adaptable as a private office. The property features a full basement with convenient walk-out access, adding significant storage and potential for expansion. The reception area is spacious and well-appointed, ready to welcome clients. Recent upgrades include new laminate flooring throughout the exam rooms and hallway, enhancing the overall aesthetic appeal. The building itself is attractively decorated, creating a professional and inviting atmosphere. The property is move-in ready, offering immediate occupancy. Alternatively, there's an existing lease in place at $2,800 per month, expiring in March 2025, providing a steady income stream until then. This exceptional property combines functionality, modern amenities, and a desirable location, making it an attractive proposition for both owner-occupiers and investors. The asking price is $269,900. Don't miss this chance to acquire a well-maintained, versatile commercial space in a thriving area.

Property profile

Verified
Property type Industrial properties
Year built 2004
Total area 1,390 SF
Lot 0.32 ac (13,939 SF)
UPID US43-0028773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Pediatrician Medical Clinic
  • Pediatrician Physician
  • Medical Clinic

Location

1086 Monroe St Monroe, MI 48162
Monroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1086 Monroe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message