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    Property profile & analytics

    15485 Dixie Hwy Monroe, MI 48161-3953

    • Drive through restaurants
    • 816 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 18, 2024
    Location Intelligence
    Property ID
    US43-1657268
    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

    • Drive through restaurants

    Property Details for 15485 Dixie Hwy

    Year built
    1955
    Lot size
    0.42 lot acres
    Property size
    816 SF
    Property type
    Drive through restaurants
    APN
    12-215-012-00
    APU
    1221501200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4097
    Latitude
    41.9028
    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
    $3,714
    $0.00
    $0.00
    $80,150
    -
    $0.00
    $0.00
    $160,300

    Comparable in this City

    • Value Estimation by Request
      3,029 SF

      14498 Laplaisance Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,029 SF
      14498 Laplaisance Rd, Monroe, MI 48161-3870
      View Details
    • Value Estimation
      $425,000
      2,303 SF

      1100 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,303 SF
      1100 Monroe St, Monroe, MI 48161-3932
      View Details
    • Value Estimation by Request
      3,134 SF

      404 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,134 SF
      404 Monroe St, Monroe, MI 48161-2222
      View Details
    • Value Estimation by Request
      1,598 SF

      955 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,598 SF
      955 Monroe St, Monroe, MI 48161-1442
      View Details
    • Value Estimation by Request
      3,080 SF

      876 Monroe St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,080 SF
      876 Monroe St, Monroe, MI 48161-1480
      View Details
    • Value Estimation by Request
      1,342 SF

      50 8th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,342 SF
      50 8th St, Monroe, MI 48161
      View Details

    Similar Nearby for Sale

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      Downtown Monroe Tavern For Sale

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      Turnkey Restaurant Business Opportunity

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      Turnkey Cafe Opportunity in Monroe

      Equipped cafe ready for revival as bar or restaurant.
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      Bolles Harbor Cafe Opportunity

      Turnkey cafe opportunity in Bolles Harbor, fully equipped.
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    Similar Nearby for Lease

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      Prime Retail/Office/Restaurant Space

      High-visibility commercial space suitable for retail, restaurant, or office use.
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      High-traffic Monroe, MI storefront opportunity.
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      Retail Strip Center Space Available

      Retail and office spaces for lease in high-traffic Monroe.
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    • $1,000 /Mo
      1,200 SF

      Downtown Retail Space Available

      1000 SF retail space in Monroe's Business District.
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    • Contact for pricing

      Monroe Commercial Property For Rent

      Commercial property available for rent in Monroe, Michigan.
      14515 Laplaisance St, Monroe, MI 48161
      View Details
    • $9 SF/Yr
      74,152 SF

      Ann Arbor Retail Center Investment

      Prime Monroe Retail Space Available
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    15485 Dixie Hwy
    Monroe, MI 48161-3953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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