Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

800 Cole Rd Monroe, MI 48162

FOR SALE
Grocery and convenience stores
Property ID
US43-0513116
2,550 SF 0.38 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,530-square-foot commercial building located in a high-traffic area. It is configured to support a range of professional uses, including office or medical facility use. The building was previously used as a party store, and some associated equipment remains on site. The premises are suited for commercial occupancy in accordance with applicable use requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$145k
Effective rate2.01%

Value estimate

· Oct 2026
$365k
$329k – $402k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 16.22% cap applied$24k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$33 – $102
Qualifying comparables11

Cap rate analysis

How does the asset earn?
16.22%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Parking Facility9.3
Convenience Store9.2

Location

800 Cole Rd Monroe, MI 48162
County assessor Recorded deeds · not on file 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2624 Grand, Monroe, MI 48162-4937 $145,000 Apr 2025 2,500 SF
2020 Monroe, Monroe, MI 48162-4256 $75,000 Jun 2024 1,910 SF
1756 Dixie, Monroe, MI 48162-5207 $160,000 Oct 2023 1,955 SF
3616 Dixie, Monroe, MI 48162-4433 $225,000 Aug 2021 2,000 SF
2621 Grand, Monroe, MI 48162-4970 $190,000 Jan 2021 2,302 SF
7000 Monroe, Monroe, MI 48162-9463 $275,000 Apr 2020 3,235 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again