Property profile

11500 Monroe Rd Merrill, MI 48637

OFF-MARKET
Commercial real estate
Property ID
US43-3582622
5 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5 ac (217,800 SF)
APN 16-025-001-20
UPID US43-3582622

Cap rate & NOI

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

Location

11500 Monroe Rd Merrill, MI 48637-9621
Merrill metro Census 700 ALMA, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2024
Last sale
$44,500
2 recorded transactions
2024
Price N/A
2021
$44,500

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
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