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Property profile & analytics
FOR LEASE
Medical Office Space

1180 N Monroe St Monroe, MI 48162

15,797 SF 6.3 ac lot Built 1995
Entity Owned ~ Est. High Equity
Property ID
US43-2501773
Property summary
AI-generated overview

This single-story, 15,662-square-foot medical office building sits on a 6.32-acre lot in Monroe, Michigan. Built in two phases (1995 and 2007), the property is currently vacant and available for lease or sale. The rectangular building features ample parking on three sides, accessed via Monroe Street, near the Cole Road intersection. Construction includes a concrete substructure, wood framing, brick and vinyl siding, and asphalt shingle roofing. The HVAC system utilizes split systems with natural gas furnaces, and domestic hot water is supplied by two gas-fired water heaters. Electrical service is 208/120-V, 3-phase, from a pad-mounted transformer. A wet-pipe sprinkler system provides fire protection. The building is in good condition, showing minimal wear and tear consistent with its age and benefiting from consistent preventative maintenance. The property offers a single-tenant occupancy and presents a significant opportunity for medical practices or other commercial ventures. The property's size and location make it an attractive option for businesses seeking a substantial footprint in Monroe County.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Total area 15,797 SF
Lot 6.3 ac (274,428 SF)
APN 07-353-013-02
UPID US43-2501773
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Robbin Wagener, OD Physician
  • Susan Hilborn Mccutcheon Physician
  • Chinavare Brian W MD Ophthalmologist
  • Mandar Joshi, MD Ophthalmologist
  • Reed Vision Associates: Tracy Michael K MD Ophthalmologist
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
Kam Group LLC
Kam Group LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2014
Price N/A
2014
$3.6M
2012
Price N/A
2011
$300,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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