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    OFF-MARKET
    Government properties

    750 Raisinville Rd, Monroe, MI 48161-9704

    1.1 ac lot
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US43-1264347
    Property summary
    AI-generated overview

    This exceptional commercial property located at 750 S Raisinville Rd, Monroe, MI 48161, offers a significant opportunity for businesses seeking a versatile space. The property encompasses a 2,200 square foot office building situated on a generous 1.4-acre lot. Built in 2000, the building currently has one suite available, totaling 2,200 square feet of vacant space, making it ideal for a single tenant or a business requiring a large, contiguous area. The property's classification as both office and land provides flexibility for future expansion or development. The multiple tenancy designation suggests potential for future subdivision, although currently only one suite is available. The property's location in Monroe, Michigan offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial commercial property in a desirable location, providing ample space and potential for growth. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The 1.4-acre lot offers significant outdoor space, potentially suitable for parking, landscaping, or future expansion projects. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Government properties
    Use group CENTRALLY ASSESSED
    Lot 1.1 ac (47,916 SF)
    APN 13-127-441-00
    UPID US43-1264347
    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
    Current use
    Occupant on record · Public records
    • First Merchants Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Monroe County Fair Assn · 10 yrs held
    Monroe County Fair Assn
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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