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Property profile & analytics
OFF-MARKET
Office buildings

15467 Dixie Hwy Monroe, MI 48161-3953

1,092 SF 0.14 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US43-1112106
Property summary
AI-generated overview

This vacant, 1,092 square foot Class B executive office building presents a compelling investment opportunity in Monroe, Michigan. Located at 15467 S Dixie Highway, this freestanding structure sits on a 0.14-acre lot and offers excellent visibility due to its prime location on a busy thoroughfare. The property is available for a NNN lease. The surrounding area boasts strong demographics, with a population of 9,518 within a one-mile radius and average household incomes exceeding $70,000 within a five-mile radius. A thriving business community, including 264 businesses within one mile and a substantial daytime population of 8,371, further enhances the property's investment potential. This is an ideal opportunity for an owner-occupier or investor seeking a high-visibility location in a growing market. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's needs. The asking price is $199,000. This represents a significant opportunity to acquire a well-situated commercial property in a desirable location. Don't miss this chance to establish your business in a vibrant and growing area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 1,092 SF
Lot 0.14 ac (6,142 SF)
APN 12-215-015-00
UPID US43-1112106
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
  • Purple Lotus Studio Alternative Medicine Practice Spa & Massage Center
  • Studio Zen Alternative Medicine Practice Spa & Massage Center
  • Iht Phyllis Johnson Agency Insurance Agency
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
Christopher Kelly
Christopher Kelly
since 2025
4 recorded transactions
2025
$65,000
2025
$185,000
2021
Price N/A
2003
$185,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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