Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6045 Haggerty Rd Belleville, MI 48111

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Belleville development opportunity. 1.64 acres, commercial/industrial zoning.

    Property Features for 6045 Haggerty Rd

    General Information

    Property type
    Land
    Lot Size
    71,438 SF

    We can help!

    Listing Contact
    Brad Margolis
    Brad Margolis

    Listing Agency: NAI Farbman - Corporate Listing Agent: Brad Margolis

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.64-acre commercial land parcel presents a unique development opportunity in Belleville, Michigan. Located at 6045 Haggerty Rd, this property boasts 264 feet of frontage on Haggerty Road with a single curb cut, providing excellent accessibility. The site is zoned for both commercial and industrial uses, offering considerable flexibility for a variety of projects. All essential utilities are readily available, including electricity, gas, sewer, and water. A former home is situated on the property, which could be repurposed for office/retail space, storage, or potentially demolished to maximize development potential. The asking price for this prime development land is $149,900. Situated in Wayne County, with a Belleville zip code of 48111, this location offers convenient access to downtown Belleville and surrounding areas. Don't miss this chance to acquire a strategically located parcel with significant development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Department Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4454091
    Latitude
    42.2620788

    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 St, Belleville, MI 48111
      View Details
    • $749,000
      7,761 SF

      Belleville Commercial Building on Main

      7,000+ sqft commercial building on high-traffic Main Street.
      209 Main St, Belleville, MI 48111
      View Details
    • $349,999

      Medical Office Building For Sale

      Income-generating medical office building with established tenants and value-add potential.
      25 Owen St, Belleville, MI 48111
      View Details
    • $725,000
      1,843 SF

      Lakefront Home on 1.6 Acres

      Estate-sized property on Belleville Lake with potential for development.
      12915 Lake Point Pass, Belleville, MI 48111
      View Details
    • $700,000

      Remodeled Medical Facility For Sale

      Remodeled medical facility with surgical units and ample parking.
      435 Sumpter Rd, Belleville, MI 48111
      View Details
    • $302,999

      Three-Unit Brick Home

      Three-unit brick home with rental income potential.
      43300 Interstate 94 Service Dr, Belleville, MI 48111
      View Details
    • $1,050,000

      Chapel of Memorial Gardens Cemetery

      50+ acre cemetery with chapel, room to grow.
      48300 Willow Rd, Belleville, MI 48111
      View Details
    • $302,999

      Three-Unit Brick Home with Garage

      Three-unit brick home with garage, currently fully rented.
      43300 Interstate 94 Service Dr, Belleville, MI 48111
      View Details
    • $433,000
      2,646 SF

      Belleville Storefront: Prime Redevelopment

      Historic Belleville storefront, 2,646 sq ft, redevelopment opportunity.
      51391 Willis Rd, Belleville, MI 48111
      View Details
    • $950,000
      7,938 SF

      Belleville Industrial Building - Huge Potential

      Downtown Belleville gem, 7,938 sq ft, high ceilings.
      330 Charles St, Belleville, MI 48111
      View Details
    • Contact for pricing

      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

    FAQs

    What type of property is this?
    Land - Prime Belleville development opportunity. 1.64 acres, commercial/industrial zoning.
    Where is this land located?
    The property is located at 6045 Haggerty Rd Belleville, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: 1.64-acre commercial land parcel for sale near downtown Belleville.; Prime development opportunity zoned for commercial and industrial uses.; 264 feet of frontage on Haggerty Road with one curb cut.
    (248) 351-4367 Call to check price and availability
    Request Owner's contact information
    6045 Haggerty Rd Belleville, MI 48111
    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.
    6045 Haggerty Rd
    Belleville, MI 48111
    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
    6045 Haggerty Rd Belleville, MI 48111
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brad Margolis
    Brad Margolis
    Real Estate License ID: 6501371948
    (248) 351-4367 (248) 353-0500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!