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    Property profile & analytics

    507 8Th St Monroe, WI 53566

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US92-3446502
    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

    • Commercial real estate

    Property Details for 507 8Th St

    Property type
    Commercial real estate

    Description

    This exceptional 2.92-acre commercial land parcel in Monroe, Wisconsin, is ideally situated at a high-traffic intersection, boasting 15,200 vehicles daily on Highway 11. The property, priced at $750,000 ($5.90/sq ft), offers significant development potential for various retail uses, including gas stations, convenience stores, or drive-thrus. Its location on three major roads ensures high visibility and accessibility. The site benefits from the 2017 complete reconstruction of 8th Street and enjoys proximity to established retailers like Farm & Fleet, Walmart, and Aldi, further enhancing its appeal. While currently featuring a house, sheds, and trees, these will require removal by the buyer. This presents a unique opportunity to capitalize on the high traffic volume and strong retail presence in Green County's most populous city. The property is part of a larger 7.71-acre offering, with other parcels also available.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Green
    State
    Wisconsin
    Longitude
    -89.6637114
    Latitude
    42.604007

    Comparable in this City

    • $79,900
      5.00 Acres

      Monroe, WI: 5-Acre Lot

      5-acre lot near Monroe, WI with countryside views.
      8 Thunder Rd, Monroe, WI 53566
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    • $1,700,000
      104.00 Acres

      Prime Development Land Opportunity

      Development land adjacent to the City of Monroe, Wisconsin.
      104 Ac +/- County Rd N, Monroe, WI 53566
      View Details
    • $59,900
      1.52 Acres

      Residential Lot in Field Stone

      1.52 acre residential lot in new subdivision near Monroe.
      2 Jeffery Rd, Monroe, WI 53566
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    • $79,900
      2.24 Acres

      Residential Lot in Field Stone

      2.24 acre residential lot in new subdivision near Monroe.
      20 Tall Grass Ln, Monroe, WI 53566
      View Details
    • $74,900
      2.16 Acres

      Prime Monroe Land - 2.16 Acres

      Agricultural/Commercial lot, stunning views
      11 Tall Grass Ln, Monroe, WI 53566
      View Details
    • $59,900
      1.53 Acres

      Residential Lot in Field Stone

      1.53 acre residential lot in new Monroe subdivision.
      3 Jeffery Rd, Monroe, WI 53566
      View Details

    Similar Nearby for Sale

    • $74,900
      2.16 Acres

      Prime Monroe Land - 2.16 Acres

      Agricultural/Commercial lot, stunning views
      11 Tall Grass Ln, Monroe, WI 53566
      View Details
    • $59,900
      1.53 Acres

      Residential Lot in Field Stone

      1.53 acre residential lot in new Monroe subdivision.
      3 Jeffery Rd, Monroe, WI 53566
      View Details
    • $59,900
      1.63 Acres

      Residential Lot in Monroe, WI

      1.63 acre residential lot with walk-out potential and eastern views.
      8 Jeffery Rd, Monroe, WI 53566
      View Details
    • $74,900
      2.13 Acres

      Residential Lot in Monroe, WI

      2.13 acre residential lot in Monroe's newest neighborhood.
      35 Briar Ln, Monroe, WI 53566
      View Details
    • $79,900
      5.00 Acres

      Monroe, WI: 5-Acre Lot

      5-acre lot near Monroe, WI with countryside views.
      8 Thunder Rd, Monroe, WI 53566
      View Details
    • $1,700,000
      104.00 Acres

      Prime Development Land Opportunity

      Development land adjacent to the City of Monroe, Wisconsin.
      104 Ac +/- County Rd N, Monroe, WI 53566
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Rent

      Commercial land with high visibility, suitable for various businesses.
      6Th Ave W, Monroe, WI 53566
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    • Contact for pricing
      110,207 SF

      300 6Th Ave

      Land • 4.94 Acres
      300 6Th Ave, Monroe, WI 53566
      View Details
    • $190,000

      Land for Lease in Monroe

      Land available for lease at 6th St & 8th Ave.
      6th 8Th Ave, Monroe, WI 53566
      View Details
    • $25,200

      Restored Historic Rose House Available

      Restored historic Rose House with retail and office space.
      1303 11Th St, Monroe, WI 53566
      View Details
    • $48,000

      Commercial Building in Monroe Business District

      Updated 6400 sq ft commercial building with showroom and offices.
      633 1St Ave, Monroe, WI 53566
      View Details
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    507 8Th St
    Monroe, WI 53566
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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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