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Financial
Distress signals
Property profile

204 S Macomb St Monroe, MI 48161

FOR SALE
Office buildings
Property ID
US43-1071110
2,800 SF 0.17 ac lot Built 1903
Last sale Apr 2019 · $240,000
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 4,850-square-foot office building is located adjacent to the courthouse and was previously used by a law firm. The interior layout includes eight private offices, three conference rooms, a library, a lounge, a reception area, a waiting area, and open work stations configured for seven people. There are four lavatories total, including an ADA-compliant lavatory on the first floor. The building provides eight parking spaces and includes a roof replacement completed in 2015.

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$107k
Effective rate6.21%

Value estimate

· Oct 2026
$235k
$212k – $259k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$14k
Operating expenses−$18k
NOI · 249,532.41% cap applied$54k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$40 – $122
Qualifying comparables7

Cap rate analysis

How does the asset earn?
249,532.41%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-1A
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.4
Furniture Store10.7
Skin Care Clinic10.6

Location

204 S Macomb St Monroe, MI 48161
County assessor Recorded deeds · 2 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Roessler, Monroe, MI 48161-1557 $275,000 May 2025 3,552 SF
15161 Dixie, Monroe, MI 48161-3707 $1,010,000 Jan 2025 3,890 SF
15149 Dixie, Monroe, MI 48161-3707 $199,900 Jun 2022 1,614 SF
15115 Dixie, Monroe, MI 48161-3770 $350,000 Apr 2021 2,220 SF
2010 Custer, Monroe, MI 48161-1856 $170,000 Apr 2021 2,272 SF
5900 Dunbar, Monroe, MI 48161-3755 $209,000 May 2020 1,749 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
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