The property is a retail space located within the Monroe Downtown Business District. It has an approximately 1,000-square-foot usable area within a total building size of about 1,200 square feet. The space was previously used as a framing shop and is configured for customer-facing retail use, with features including high visibility and on-site parking.

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?

$5k

Tax billed · 2023

Assessed value$82k

Effective rate6.21%

Value estimate

· Oct 2026

$380k

$342k – $418k

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

Recently sold

What actually traded nearby?

$59/SF

ZIP average, outlier-cleaned · 43 recorded sales of this use type

Observed band · Q1–Q3$40 – $84

Qualifying comparables7

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?

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 Office11.6

Building Supply11.2

HVAC Service10.4

45 Monroe St Monroe, MI 48161-2272

County assessor Recorded deeds · 4 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 · 6 properties nearby

Address Sale price Sold Size

611 Monroe, Monroe, MI 48161-1440 $67,100 Jan 2026 3,451 SF

35 Monroe, Monroe, MI 48161-2237 $242,500 Aug 2025 4,034 SF

34 Frnt, Monroe, MI 48161-2493 $250,000 Jun 2025 4,185 SF

131 Frnt, Monroe, MI 48161-2116 $295,000 Apr 2024 3,746 SF

820 Monroe, Monroe, MI 48161-1432 $250,000 Sep 2023 4,110 SF

13 Frnt, Monroe, MI 48161-2336 $90,000 May 2023 4,424 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

Value Estimation
$255,000

3,874 SF

201 Frnt St

COMMERCIAL (GENERAL)

201 Frnt St, Monroe, MI 48161-2355

View Details
Value Estimation
$475,000

6,064 SF

28 Macomb St

COMMERCIAL (GENERAL)

28 Macomb St, Monroe, MI 48161-2176

View Details
Value Estimation
$135,000

2,281 SF

621 Monroe St

COMMERCIAL (GENERAL)

621 Monroe St, Monroe, MI 48161-1440

View Details
Value Estimation
$315,000

7,942 SF

11 Frnt St

COMMERCIAL (GENERAL)

11 Frnt St, Monroe, MI 48161-2228

View Details
Value Estimation
$105,000

1,148 SF

112 2nd St

COMMERCIAL (GENERAL)

112 2nd St, Monroe, MI 48161-2328

View Details
Value Estimation
$900,000

16,680 SF

102 Frnt St

COMMERCIAL (GENERAL)

102 Frnt St, Monroe, MI 48161-2162

View Details

Research This Page with AI

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

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

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 45 Monroe St?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

45 Monroe St Monroe, MI 48161

Property summary