Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial/Flex Building on Six Acres Title is generated by Realmo AI

    14857 Martinsville Rd, Belleville, MI 48111

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    39,000 SF multi-tenant building on 6 acres for sale.

    Type:Industrial, Land
    Property size:
    39,000 SF
    Lot size:
    6.00 Acres
    Price / SF:
    $41/SF
    Added:
    Mar 24, 2026
    Days on Market:
    50
    Last Refresh:
    Mar 25 at 8:49 am

    Property Features for 14857 Martinsville Rd

    General Information

    Standard status
    Active
    Size
    39,000 SF
    Lot size
    6.00 Acres
    Property subtype
    Industrial, Land

    Building Details

    Year Built
    1976

    We can help!

    Listing Contact
    Todd Zahn

    Listing agent Todd Zahn License #5862431843

    Listing office Det Properties

    Listing date Mar 24, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Det Properties

    HighLights

    • 39,000 SF multi‑tenant building on 6 acres of land.
    • Attractive price of $1,600,000.
    • Located close to major transportation routes, Detroit Metropolitan Wayne County Airport, and Willow Run Airport.
    • On‑ground loading dock with a 15‑foot door and a full truck dock with hydraulic lift plates.
    • Flexible industrial space suitable for warehousing, production, and storage.
    • Ample truck parking.

    Overview

    Located at 14857 Martinsville Road in Van Buren Township, this property offers a 39,000 SF multi-tenant industrial/flex building on 6 acres. The property is available for sale at $1,600,000 and features an on-ground loading dock with a 15-foot door, a full truck dock with hydraulic lift plates, and ample truck parking. The flexible industrial space is suitable for warehousing, production, and storage. Situated in Wayne County, the property benefits from its proximity to major transportation routes and key logistics hubs, including Detroit Metropolitan Wayne County Airport and Willow Run Airport. The location in the Belleville submarket, between Detroit and Ann Arbor, provides a mix of industrial, manufacturing, commercial, and residential spaces. This property presents a commercial investment opportunity, given the regional demand for light industrial properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FLI Rigging Film Production

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Parts Store Kitchen & Bath Showroom Electrical Service Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4633104
    Latitude
    42.1938518

    Nearby Similar for Sale

    • $349,999
      5,016 SF

      Belleville Medical Office Building

      Income-generating medical office building with value-add leasing potential.
      25 Owen Street, Belleville, MI 48111
      View Details
    • $99,900
      240 SF

      Belleville Commercial/Industrial Opportunity

      Former ice cream shop with vacant lot for expansion.
      644 E Huron River, Belleville, MI 48111
      View Details
    • $1,600,000
      36,800 SF

      Belleville, MI Agricultural Property

      5.5 acre agricultural property with 36,800 square foot building.
      14857 Martinsville Road, Belleville, MI 48111
      View Details
    • Contact for pricing

      Retail Space in Belleville Plaza

      Retail space available in Dollar Tree anchored shopping center.
      761 -899 Sumpter Road | Belleville, MI 48111
      View Details
    • $3,000,000
      28,830 SF

      Belleville Automotive/Retail Property For Rent

      28,830 SF automotive/retail property with I-275 frontage.
      8881 Samuel Barton Dr, Belleville, MI
      View Details
    • $12

      New Van Buren Warehouse Space

      First-generation warehouse/contractor space near I-275 and I-94.
      6060 Schooner Dr, Van Buren Twp, MI 48111
      View Details
    • $773,900
      6,000 SF

      Medical Building with Ample Parking

      6,000 SF medical building with labs and visitor rooms.
      19130 Sumpter Rd, Belleville, MI
      View Details
    • $749,000
      7,761 SF

      Belleville Commercial Building on Main

      7,000+ sqft commercial building on high-traffic Main Street.
      209 MAIN Street, Belleville, MI 48111
      View Details
    • $700,000
      5,800 SF

      Remodeled Medical Facility For Sale

      Remodeled medical facility with surgical units and ample parking.
      435 Sumpter Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      5,895 SF

      Retail Center on Main Street

      Multi-tenant retail center with frontage on Main Street in Belleville.
      504 Main St, Belleville, MI
      View Details
    • $2,950,000
      43,176 SF

      Rawsonville Road Commercial Property

      Commercial property for sale on Rawsonville Road.
      8393 Rawsonville Rd, Belleville, MI 48111
      View Details
    • $433,000
      2,646 SF

      Belleville Commercial Building on Corner

      Commercial building on 0.42 acre corner lot in Belleville.
      51391 Willis Rd, Belleville, MI 48111
      View Details

    FAQs

    What type of property is this?
    Flex space - 39,000 SF multi-tenant building on 6 acres for sale.
    Where is this flex space located?
    The property is located at 14857 Martinsville Rd Belleville, MI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 39,000 SF multi‑tenant building on 6 acres of land.; Attractive price of $1,600,000.; Located close to major transportation routes, Detroit Metropolitan Wayne County Airport, and Willow Run Airport.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Todd Zahn
    Real Estate License ID: 5862431843
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14857 Martinsville Rd, Belleville, MI 48111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!