Realmo Analytics

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Property profile

1837 Monroe St Monroe, MI 48162

OFF-MARKET
Grocery and convenience stores
Property ID
US43-0511064
4,060 SF 0.16 ac lot Built 1960
Last sale Dec 2022 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail liquor store located on a busy road in Monroe, Michigan. It is configured for the sale of beer, wine, and spirits, with inventory previously described as including a large selection across those categories. Public remarks indicate that the business had been cleared by the city for development of a gas station. The listing also referenced store transition training, but the property’s underlying use and layout are that of a liquor retail establishment along a main road.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$145k
Effective rate4.91%

Value estimate

· Oct 2026
$415k
$374k – $457k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$33 – $102
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2-COMMERCIAL
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
HVAC Service10.6
Clothing Store10.0

Location

1837 Monroe St Monroe, MI 48162-4248
County assessor Recorded deeds · 5 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2624 Grand, Monroe, MI 48162-4937 $145,000 Apr 2025 2,500 SF
1420 Custer, Monroe, MI 48162-3205 $467,000 Mar 2024 6,137 SF
2374 Telegraph, Monroe, MI 48162-8902 $270,000 Jan 2023 3,744 SF
Monroe, Monroe, MI 48162 $400,000 Dec 2022 4,060 SF
6363 Monroe, Monroe, MI 48162-9404 $90,000 Mar 2022 6,266 SF
7000 Monroe, Monroe, MI 48162-9463 $275,000 Apr 2020 3,235 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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