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    29111 Airport Dr Romulus, MI 48174

    For Lease
    $4 SF/Yr ($2,737 /Mo)

    7,300 SF Warehouse - Available Now

    Lot size:
    7,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,300 square foot warehouse, located at 29111 Airport Dr in Romulus, Michigan, is available for lease. The property is classified as a Class B building and offers a single-tenant occupancy opportunity. Situated in Wayne County, this strategically located warehouse provides easy access to major transportation routes, making it ideal for distribution and logistics businesses. The entire 7,300 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific operational needs. The property's industrial design is well-suited for a variety of warehouse and distribution operations. The building's size is perfect for businesses requiring ample storage and operational space. This is a single-tenant building, ensuring privacy and control over the entire facility. The property is conveniently located in Romulus, MI, offering proximity to key transportation infrastructure and a skilled workforce. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy. This is a fantastic opportunity to secure a well-located, spacious warehouse in a thriving industrial area. The zip code for this property is 48174.

    Property Features for 29111 Airport Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,300 SF
    Class
    B
    Total Rate
    2737.5

    Unit(s) available at that property

    Space
    Available space
    Size
    7,300 SF
    Rate per SF
    $4

    HighLights

    • 5,300 SF warehouse with 2,000 SF of office space.
    • Immediately available distribution/office sublease.
    • Four loading docks.
    • Sublease expires January 31, 2027.
    • Excellent freeway access via I‑94, I‑275, and I‑96.
    • $10 per square foot gross rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Nail Salon Wholesale Shop Pharmacy Auto Parts Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.32354732
    Latitude
    42.23599021

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    FAQs

    What type of property is this?
    Distribution property - 7,300 SF Warehouse - Available Now
    Where is this distribution property located?
    The property is located at 29111 Airport Dr Romulus, MI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 5,300 SF warehouse with 2,000 SF of office space.; Immediately available distribution/office sublease.; Four loading docks.
    Request Owner's contact information
    29111 Airport Dr 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
    29111 Airport Dr Romulus, MI 48174
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