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Property profile & analytics

1309 Lorain St Monroe, MI 48162-3394

  • Distribution centers
  • 11,360 SF
  • 0.57 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0283760
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Linc Medical Systems / Medical Equipment Supplier / Health
  • Swift Restoration / Building Restoration Service / Fire Damage Restoration Service

Property Details for 1309 Lorain St

Year built
1963
Lot size
0.57 lot acres
Property size
11,360 SF
Zone code
R-1A
Property type
Distribution centers
APN
55-69-01029-000
APU
556901029000

Description

This exceptional light industrial property, located at 1309 W Lorain in Monroe, MI, offers a versatile 11,460 square foot building on a 1.07-acre lot. The property boasts a well-designed layout combining functional workspace with ample storage. A significant 7,250 square feet is dedicated to warehouse space, featuring two truck bays equipped with convenient loading docks. The high ceilings, measuring 14 feet, provide ample vertical space for various industrial needs. For administrative functions, 1,440 square feet of professional office space is included, complete with three private offices and a dedicated conference room, ideal for meetings and collaborative work. The property's strategic location offers easy access to transportation routes. Three-phase electric service is readily available at a pole adjacent to the building, ensuring sufficient power for industrial operations. Adding to its appeal, an additional half-acre parcel across the street is included, providing valuable extra space for parking or potential expansion. Flexible financing options, including land contract terms, are available to facilitate a smooth acquisition process. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space. The combination of office and warehouse space, along with the additional land, makes this an attractive investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Monroe
County
Monroe
State
Michigan
Longitude
-83.4099
Latitude
41.9283
CBSA code
33780
CBSA name
MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,932
$0.00
$0.00
$169,580
-
$0.00
$0.00
$339,160
More about this property
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