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Property profile & analytics
OFF-MARKET
Community centers

15583 Dixie Hwy Monroe, MI 48161-3954

21,856 SF 0.56 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US43-1601978
Property summary
AI-generated overview

This exceptional retail opportunity is located at 15583 S Dixie Hwy in Monroe, Michigan, 48161. Situated within the Townsite Plaza, this property offers a prime corner location boasting high visibility and significant foot traffic. The space, ranging from 950 to 1800 square feet, is perfect for a variety of retail businesses. The plaza underwent substantial facade improvements in 2019, enhancing its curb appeal and attracting customers. The plaza's strategic location is south of a Kroger grocery store, ensuring a steady stream of potential customers. The address is conveniently located on M-125 (S Dixie Hwy) in Monroe Township. The property is part of a multi-tenant shopping center, with a mix of retail and office tenants already established. This is a gross lease, meaning property taxes are included in the rent and are not the responsibility of the tenant. This turnkey solution offers immediate occupancy and a chance to thrive in a well-established commercial center. The property is classified as Class C and offers one available suite. Don't miss this chance to secure a prominent retail space in a thriving Monroe community.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Total area 21,856 SF
Lot 0.56 ac (24,263 SF)
APN 12-215-001-00
UPID US43-1601978
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
  • Eliza June Photos Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ky Monroe Properties LLC · 8 yrs held
Ky Monroe Properties LLC
since 2017
3 recorded transactions
2017
$350,100
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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