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    Property profile & analytics

    298 Monroe St Dundee, MI 48131-1237

    • Office buildings
    • 30,100 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 05, 2024
    $1,500,000
    Location Intelligence
    Property ID
    US43-5265761
    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

    • Office buildings

    Property Details for 298 Monroe St

    Lot size
    1.04 lot acres
    Property size
    30,100 SF
    Property type
    Office buildings
    APN
    42-040-582-00
    APU
    4204058200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dundee
    County
    Monroe
    State
    Michigan
    Longitude
    -83.6575
    Latitude
    41.9562
    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
    $12,855
    $0.00
    $0.00
    $325,770
    -
    $0.00
    $0.00
    $651,540

    Comparable in this City

    • Value Estimation by Request
      73,168 SF

      6211 Ann Arbor Rd

      OFFICE BUILDING • 73,168 SF
      6211 Ann Arbor Rd, Dundee, MI 48131-9527
      View Details
    • Value Estimation by Request
      600 SF

      607 12th Main St

      OFFICE BUILDING • 600 SF
      607 12th Main St, Dundee, MI 48131-1209
      View Details
    • Value Estimation by Request
      876 SF

      223 Tecumseh St

      OFFICE BUILDING • 876 SF
      223 Tecumseh St, Dundee, MI 48131-1063
      View Details
    • Value Estimation by Request
      17,174 SF

      17040 Tecumseh Rd

      OFFICE BUILDING • 17,174 SF
      17040 Tecumseh Rd, Dundee, MI 48131-9641
      View Details
    • Value Estimation by Request
      2,065 SF

      14077 Custer Rd

      OFFICE BUILDING • 2,065 SF
      14077 Custer Rd, Dundee, MI 48131-9791
      View Details
    • Value Estimation by Request
      8,280 SF

      110 Main St

      OFFICE BUILDING • 8,280 SF
      110 Main St, Dundee, MI 48131-1202
      View Details

    Similar Nearby for Sale

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    • $850,000

      Downtown Market with River Views

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      Residential Land in Dundee, MI

      Vacant residential land available in Dundee, Michigan.
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    • $79,000
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      Residential Land in Dundee, MI

      Residential land available in Dundee, Michigan.
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    • $279,700

      Downtown Dundee Investment Opportunity

      Versatile property in the heart of Downtown Dundee.
      120 Tecumseh St, Dundee, MI 48131
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    • $59,900
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      Residential Land in Dundee Township

      Two-acre residential land parcel with road frontage in Dundee, Michigan.
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      View Details
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    298 Monroe St
    Dundee, MI 48131-1237
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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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