Property profile

1200 Union St South Monroe, MI 48161

FOR SALE
Auto Repair, Garage
Property ID
US43-0745433
1,200 SF 0.5 ac lot
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Property summary

AI-generated overview

Located near Downtown Monroe, the property consists of a 3,500-square-foot office building constructed in 2020 on a 2.23-acre parcel within the City of Monroe. It was previously used for a towing and service operation and includes substantial yard area and flexible commercial zoning that supports a range of commercial uses. A separate vacant lot is also included, providing potential for on-site expansion or future development. The site is positioned for convenient access to major roadways and nearby local amenities.

Property profile

Verified
Property type Auto Repair, Garage
Total area 1,200 SF
Lot 0.5 ac (21,780 SF)
APN 12-020-413-00
UPID US43-0745433

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
  • Auto Repair Shop

Location

1200 Union St South Monroe, MI 48161
Monroe metro
Google Maps

Value estimations

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

Owner & transaction history

since 2023
Last sale
$80,000
1 recorded transaction
2023
$80,000
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More about this property
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