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    35445 Genron Ct Romulus, MI 48174

    For Sale
    $1,500,000

    Industrial warehouse, 21,341 sq ft, 1.9 acres.

    Property size:
    21,341 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 21,341-square-foot industrial warehouse, located at 35445 Genron Court in Romulus, Michigan, presents a compelling investment opportunity. Built in 1978, this single-story building sits on a 1.9-acre lot and boasts an 18-foot ceiling height, ideal for various industrial uses. The property includes approximately 1,500 square feet of office space and 19,500 square feet of warehouse space, offering flexibility for diverse operational needs. The warehouse is zoned for industrial use and features ample parking with 20 spaces available. Its strategic location offers convenient access to the Metro Airport. The property is equipped with heavy power. The asking price for this turnkey industrial property is $1,500,000. Additionally, lease options are available, with spaces ranging from 6,000 to 15,000 square feet, and the landlord is willing to negotiate a long-term lease for a 6,000-square-foot space at a rate of $9.00 NNN. The property's APN is 80-125-99-0011-702. This property is situated in Wayne County, Michigan, with a zip code of 48174.

    Property Features for 35445 Genron Ct

    General Information

    Property type
    Distribution properties
    Square Feet
    21,341 SF
    Lot Size
    82,764 SF

    Building Details

    Year Built
    1978
    Stories
    1

    HighLights

    • 21,000 SF industrial building available for sale or lease.
    • 1,500 SF of office space included.
    • 19,500 SF of warehouse space.
    • Divisible space available from 6,000 SF to 15,000 SF.
    • Landlord willing to negotiate a long‑term lease for a 6,000 SF space.
    • Convenient location near Metro Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Clothing Store Building Supply Storage Facility Grocery Store Discount Store Electrical Service Car Rental Women's Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.385032
    Latitude
    42.1874356

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, 21,341 sq ft, 1.9 acres.
    Where is this distribution property located?
    The property is located at 35445 Genron Ct Romulus, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 21,000 SF industrial building available for sale or lease.; 1,500 SF of office space included.; 19,500 SF of warehouse space.
    Request Owner's contact information
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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
    35445 Genron Ct Romulus, MI 48174
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