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    36135 Bibbins St Romulus, MI 48174

    For Sale
    $595,000

    1.3-Acre Industrial Building, Metro Airport Proximity

    Property size:
    6,116 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 6,116 square foot industrial property in Romulus, Michigan, presents a compelling investment opportunity. Situated on a 1.3-acre lot, this building is zoned M-1 Light Industrial and offers significant potential for a variety of uses. The property is currently being split from a larger parcel, ensuring independent ownership and control. The building itself boasts substantial features including a fully fenced perimeter, providing enhanced security. Heavy power is readily available, catering to businesses with significant energy demands. Its strategic location offers unparalleled access to Detroit Metropolitan Airport and major freeways, facilitating efficient transportation of goods and personnel. This prime location ensures excellent connectivity to regional and national transportation networks. The property's size and features make it suitable for a wide range of industrial operations. Note that additional land is available for expansion or complementary development, providing further growth opportunities. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving area. The asking price is $595,000. Serious inquiries are encouraged.

    Property Features for 36135 Bibbins St

    General Information

    Property type
    Industrial properties
    Square Feet
    6,116 SF
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.395
    Latitude
    42.22017

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    FAQs

    What type of property is this?
    Industrial property - 1.3-Acre Industrial Building, Metro Airport Proximity
    Where is this industrial property located?
    The property is located at 36135 Bibbins St Romulus, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    (734) 699-4000
    Request Owner's contact information
    36135 Bibbins St Romulus, MI 48174
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    Romulus, MI 48174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36135 Bibbins St Romulus, MI 48174
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