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Property summary
Commercial building in a newly developed area of Romulus on a 0.35-acre lot, totaling 2,604 square feet. The layout includes a showroom or large office area, an upper-level area, and storage or additional office space, with one full bathroom and one half bathroom located in the warehouse or garage area. The oversized garage includes an overhead door, gas heating, and an exhaust fan, with loft space for storage above and enclosed storage beneath. The property includes a front digital sign and a parking area with newly paved lot surface, with convenient access to I-94 and proximity to local shopping and Metro Airport. The building is zoned for commercial use.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Construction Company
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Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Downtown District is intended to create a pedestrian oriented destination that offers entertainment, shopping, employment, housing, and recreation opportunities for those who live in, work in, or visit Romulus
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Romulus market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD-2 · Romulus, MIThe Downtown District is intended to create a pedestrian oriented destination that offers entertainment, shopping, employment, housing, and recreation opportunities for those who live in, work in, or visit Romulus
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Downtown District is intended to create a pedestrian oriented destination that offers entertainment, shopping, employment, housing, and recreation opportunities for those who live in, work in, or visit Romulus
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD-2 in Romulus, MI.
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Find the owner behind the property.
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