For Sale
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Property summary
This exceptional commercial land parcel, located at 2784 N Monroe in Monroe, Michigan, presents a unique investment opportunity. The property boasts a substantial 43,560 square foot lot, offering significant potential for various commercial ventures. Its prime location ensures excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. While the existing building is 1296 square feet, the primary value lies in the expansive land area. The property includes a fenced area and on-site parking, adding to its practicality and appeal. The current tenant lease will be assumed by the buyer, providing immediate potential rental income. The property is zoned for commercial use and is situated in the thriving Monroe, MI, 48162 zip code. This is a rare chance to acquire a sizable commercial lot in a desirable location, offering significant upside for the astute investor. The asking price is $325,000. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Monroe market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning