Financial
Distress signals
Property profile

1144 N Monroe St Monroe, MI 48162

FOR SALE
Drug stores
Property ID
US43-2317181
7,000 SF 1.57 ac lot Built 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$22k
Tax billed · 2023
Assessed value$448k
Effective rate4.90%

Value estimate

· Sep 2026
$490k
$441k – $539k
Sales comparison$714k
NOI build-up
Gross scheduled income$105k
Vacancy & credit loss−$9k
Operating expenses−$29k
NOI · 6.90% cap applied$67k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$33 – $102

Cap rate analysis

How does the asset earn?
6.90%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.4
Realty agency16.9
Restaurant13.8

Location

1144 N Monroe St Monroe, MI 48162
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1420 Custer, Monroe, MI 48162-3205 $467,000 Mar 2024 6,137 SF
Monroe, Monroe, MI 48162 $400,000 Dec 2022 4,060 SF
1837 Monroe, Monroe, MI 48162-4248 $400,000 Dec 2022 4,060 SF
6363 Monroe, Monroe, MI 48162-9404 $90,000 Mar 2022 6,266 SF
2520 Telegraph, Monroe, MI 48162-8903 $275,000 Jun 2019 6,656 SF
1096 Dixie, Monroe, MI 48162-2547 $500,000 Oct 2018 4,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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