6625 Dunbar Rd Monroe, MI 48161-3895
- Warehouses
- 6,400 SF
- 3.58 lot acres
Current Use by Public Records
- Warehouses
Property Details for 6625 Dunbar Rd
- Year built
- 1984
- Lot size
- 3.58 lot acres
- Property size
- 6,400 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 12-020-255-00
- APU
- 1202025500
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $365,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $365,000
- Mixed-Use
- $425,000
- Hospitality
- $385,000
- Educational
- $340,000
- Residential Income
- $430,000
- Energy
- $435,000
- Income-Based Land
- $395,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Longitude
- -83.3992
- Latitude
- 41.8942
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA