0 Mall Road, Monroe, MI 48162 (MLS # 50218200)

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PRICE $1,100,000 BEDS 0 BATHS 0 HOME SIZE n/a LOT SIZE 23.60 ac Request More Info Schedule a Showing

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 site's 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 parcel's 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.

Source MLS: MiRealSource

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