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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Warehouses
6625 Dunbar Rd, Monroe, MI 48161-3895
Individually Owned
5-yr Hold
Free & Clear
Property ID
US43-0099206
Property summary
AI-generated overview
This exceptional 3.58-acre commercial property in Monroe County, Michigan, presents a significant opportunity for various light industrial uses. The site boasts two buildings totaling 6,400 square feet. The main building, encompassing 5,200 square feet, includes a 2,000 square foot showroom and a substantial shop area featuring an impressive 18-foot ceiling, perfectly suited for manufacturing or storage needs. A secondary building adds 1,200 square feet of versatile space with a 16-foot ceiling, offering further flexibility for operations or additional storage. Located at 6625 E Dunbar, Monroe, MI 48161, this single-tenant property enjoys a prime location near the intersection of Dunbar Road and LaPlaisance Road in Monroe Township. Its proximity to I-75 (exit 11) ensures convenient access to major transportation routes, streamlining logistics and distribution. The property's ample space and zoning make it an ideal choice for businesses seeking expansion or a new location to support a range of industrial activities. This is a rare opportunity to acquire a well-situated commercial property with significant potential.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Total area
6,400 SF
Lot
3.58 ac (155,945 SF)
APN
12-020-255-00
UPID
US43-0099206
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
$688k
Blend (final)
Blend
$580k
Owner & transaction history
Charles Bierman · 5 yrs held
Charles Bierman
since 2020
Last sale
$400,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$585,000
+47.8%
Restaurant
$510,000
+29.2%
Retail stores
$500,000
+25.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$440,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$395,000
Current use
OFFICE BUILDING
$585,000
Change: +48% · Conversion: Difficult
RESTAURANT
$510,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$500,000
Change: +26% · Conversion: Moderate
AUTO REPAIR, GARAGE
$415,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$375,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $400k (Nov 16 2020)
Last sale anchor
$400k
Nov 16 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,178
Tax year 2023
Assessed value
$191,900
Assessed 2023
Previous assessed
$191,900
+0.0% YoY
Effective rate
4.78%
On assessed value
Total market value
$383,800
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
6,400 SF
Lot
3.58 ac (155,945 SF)
APN
12-020-255-00
UPID
US43-0099206
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$395,000
OFFICE BUILDING
Est. value
$585,000
RESTAURANT
Est. value
$510,000
RETAIL STORES
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$375,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.58 ac
Current owner
From public records · entity-resolved
Charles Bierman
Individual
Free & Clear · 5 yrs held
Mailing address
11505 RIGA HWY, BLISSFIELD, MI 49228-9715
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
$400,000
Charles Bierman
Rob Beaudrie
Warranty Deed
—
Nov 16, 2020
$300,000
Robert J Beaudrie
Dunbar Street LLC
Warranty Deed
—
Mar 6, 2015
—
Beaudrie,robert J|dunbar St LLC
Dunbar St LLC
Quit Claim Deed
—
May 5, 2004
$255,000
Dunbar St LLC
Burtis,marlene
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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