Property profile

6625 Dunbar Rd Monroe, MI 48161

OFF-MARKET
Warehouses
Property ID
US43-0099206
6,400 SF 3.58 ac lot Built 1984
Individually Owned 5-yr Hold Free & Clear
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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

Location

6625 Dunbar Rd Monroe, MI 48161-3895
Monroe metro Census 832500 MONROE, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$688k
Blend (final) Blend
$440k

Owner & transaction history

since 2020
Last sale
$400,000
4 recorded transactions
2020
$400,000
2020
$300,000
2015
Price N/A
2004
$255,000

Zoning & alternative use

Top alternative use upside
Office building $585,000 +47.8%
Restaurant $510,000 +29.2%
Retail stores $500,000 +25.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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