Property profile

750 Raisinville Rd Monroe, MI 48161

OFF-MARKET
Government properties
Property ID
US43-1264347
1.1 ac lot
Entity Owned 10-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Atm

Location

750 Raisinville Rd Monroe, MI 48161-9704
Monroe metro Census 831000 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
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

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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