Technical
Financial
Distress signals
Property profile

87 Jerome St Monroe, MI 48161

OFF-MARKET
Office buildings
Property ID
US43-0945879
15,331 SF 5.77 ac lot Built 1927
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1927
Total area 15,331 SF
Lot 5.77 ac (251,341 SF)
Zoning code R-1A
APN 55-49-00669-000
UPID US43-0945879

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
  • Propane Supplier Heating Oil Supplier

Location

87 Jerome St Monroe, MI 48161-2093
Monroe metro Census 831900 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
$619k
Blend (final) Blend
$530k

Owner & transaction history

since 2023
Last sale
$525,000
3 recorded transactions
2023
$525,000
2013
$390,000
1969
Price N/A

Zoning & alternative use

R-1A · Monroe, MI

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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