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    28486 Beverly Rd Romulus, MI 48174

    Sponsored
    For Sale
    $695,000

    Spacious warehouse, ideal location, ample land.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000-square-foot warehouse, situated on a generous 5.29-acre lot in Romulus, Michigan, presents a compelling investment opportunity. Located in the Airport District, this freestanding light industrial building offers convenient access to major transportation arteries, including I-94 and I-275, ensuring seamless logistics. The property boasts three 12x14-foot dock-high doors, facilitating efficient loading and unloading. A fully fenced yard provides ample secure outdoor space. Significant improvements have been made, including a new roof installed in 2020 and an updated electrical system in 2020, boasting a robust 600-amp service. Built in 1982, this warehouse is ready for immediate occupancy and offers significant potential for a variety of industrial uses. The property's prime location, combined with its substantial size and recent upgrades, makes it an attractive option for businesses seeking a well-maintained and strategically positioned warehouse in the thriving Romulus area. The address is 28486 Beverly, Romulus, MI 48174, within Wayne County. Asking price is $695,000.

    Property Features for 28486 Beverly Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    4,000 SF
    Lot Size
    230,432 SF

    Building Details

    Year Built
    1982

    HighLights

    • Prime Airport District location.
    • Easy access to I‑94 and I‑275.
    • 4,000 SF freestanding light industrial building.
    • Three 12' x 14' overhead doors.
    • 5.29‑acre lot.
    • Fully fenced yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.319749
    Latitude
    42.2625249

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal location, ample land.
    Where is this distribution property located?
    The property is located at 28486 Beverly Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Prime Airport District location.; Easy access to I-94 and I-275.; 4,000 SF freestanding light industrial building.
    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
    28486 Beverly Rd Romulus, MI 48174
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