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Property summary
The subject property is a 15,662-square-foot, single-story medical office building located on a 6.32-acre parcel in Monroe, Michigan. The building was constructed in two phases, with initial construction completed in 1995 and a subsequent phase completed in 2007, and it has a rectangular layout. Access is provided from Monroe Street to the west near the major intersection of Cole Road, with a single point of ingress and egress along Monroe Street. Open paved parking lots are located on the south, east, and west sides of the building. The foundation consists of concrete spread footings and a slab-on-grade system, with cellar foundation walls constructed of CMU; the superstructure is wood framing. Exterior sidewalls are finished with brick and vinyl siding, and the roof is covered with asphalt shingles with drainage via gutters and leaders. Heating and air conditioning are provided by split systems using natural gas-fired furnaces, and domestic hot water is supplied by two gas-fired water heaters. Electrical service is 208/120-volt, 3-phase, supplied from a pad-mounted transformer. Fire protection is provided by a wet-pipe sprinkler system. As a single-story facility, it has no vertical transportation systems.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Ophthalmologist
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Ophthalmologist
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Ophthalmologist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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