0 Mall Road, Monroe, MI 48162

$1,100,000
  • 0 Mall Road, Monroe, MI 48162 Main Photo

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New to the Market Active
LOT SIZE 23.600 acres MLS#50218200
STATUSActive PROPERTY TYPELand - Commercial SCHOOLMonroe Public Schools

Property Description

The subject property consists of 23.6 acres of unimproved land addressed as 0 Mall Road in Frenchtown Township, Monroe County, Michigan (ZIP 48162). The parcel is situated within a growing residential corridor and carries R-3-B zoning designation, a classification that permits a wide range of residential density and select institutional uses ? a combination that distinguishes this site from more restrictively zoned land in the region. The raw, undeveloped character of the tract ensures that a buyer inherits no legacy improvements to remediate or demolish, allowing capital to be deployed directly toward entitlement and construction. The sites 23.6-acre footprint offers meaningful density potential for a developer pursuing multifamily or townhouse development. At typical suburban densities for the Monroe County market, the land could support a substantive number of residential units, the precise count of which would be refined through site planning and township review. The parcels scale also makes it suitable for subdivision into single-family lots, or a phased mixed-product development combining attached and detached housing. Beyond straight residential development, the R-3-B designation creates optionality for a developer to pursue conditional use approvals for senior housing or assisted living ? product categories experiencing significant demand growth across Michigan as the population ages. Child-care facilities, churches, schools, and public institutional buildings are similarly available through the conditional use process, enabling the site to anchor a broader community-serving development.

0 Mall Road | MLS# 50218200

This land located at 0 Mall Road, Monroe, MI 48162 is currently listed for sale with an asking price of $1,100,000. The property has approximately 23.60 Acres. Mall Road is located within the Monroe Public Schools school district. Search Monroe real estate on www.ikeyrealty.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 23.60 Acres
Taxes: $27,091

Feature Descriptions

Days on Site: 5
Sewer: Public Sanitary
Summer Tax: 6067.14
Water: Public Water
Winter Tax: 21024.4

Local Schools

School District: Monroe Public Schools

Listed By / Shown By

Listed By

Agency Name: Wiens And Roth Real Estate - Lambertville
Agency Phone: 734-777-0490

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 8,731.50 per month $6,153.09 Principal & Interest $2,257.58 Property Tax $320.83 Homeowner's Insurance

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