15467 Dixie Hwy Monroe, MI 48161-3953
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.