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Property profile & analytics
OFF-MARKET
Commercial real estate

3618 Monroe Rd Hart, MI 49420-8419

2 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-3229806
Property summary
AI-generated overview

This exceptional 1,400 square foot industrial condo, located at 3618 W Monroe in Hart, Michigan, presents a unique opportunity for business owners and entrepreneurs. The unit boasts a spacious 28 x 50 layout, perfect for a variety of uses. The epoxy flooring provides durability and easy maintenance, while a mini-split system ensures year-round climate control with both heating and air conditioning. Each unit is move-in ready, complete with electricity, a 12' x 14' overhead door, and a modern lighting package. The large door easily accommodates even the largest vehicles, such as RVs. This offers significant flexibility for storage or workshop needs. Beyond the standard features, the property allows for customization to suit individual requirements. Add shelving, create a workshop, or tailor the space to perfectly match your business needs. Unlike traditional rentals, this condo offers 24/7 access, eliminating concerns about operating hours or lease agreements. The 0.03-acre lot provides ample space for maneuvering and loading/unloading. The asking price for this turnkey industrial condo is $149,000. Don't miss this chance to own your own space and unlock your business potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2 ac (87,120 SF)
APN 002-020-300-07
UPID US43-3229806
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
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
Grossenbacher Rentals LLC · 2 yrs held
Grossenbacher Rentals LLC
since 2024
6 recorded transactions
2024
Price N/A
2023
$90,000
2023
$90,000
2023
$110,000
2023
$99,750
2022
$10,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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