Retail Space For
For Sale
Contact for pricing
1025 Middlebelt Rd, Inkster, MI 48141
Retail space available for sale, 2500 square feet.
Property Size2,500 SF
Price / SF$183.60
Days on Market849
Property Features for 1025 Middlebelt Rd
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
16
Property subtype
Retail
Net Operating Income
$29,218
Building Details
Tenancy
Single
Listing Agency:
CMP Real Estate Group
Listed By:
Anthony Sesi · License #MI 6501379218
(248) 538-2000
Source:
Crexi
Added: Jun 26, 2024
Changed: Oct 1
Last Checked: Oct 20 at 5:48PM
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 CMP Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a retail space available for sale. The property offers 2500 square feet of space.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,688
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,760
$473.8K
Cap Rate 7%
$338,400
$338.4K
Cap Rate 9%
$263,200
$263.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$36.0K $14.40/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$33.8K $13.54/SF
− OpEx
−$10.2K −$4.06/SF
NOI
$23.7K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,760
Cap Rate 7%
$338,400
Cap Rate 9%
$263,200
Alternative Uses
Best Use
Retail
$338.4K
$296.1K – $394.8K
NOI $23,688 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$462.9K
$405.0K – $540.0K
NOI $32,400 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
5,411 visits/mo
0.1 miles
Valero Energy
Shops & Services
4,944 visits/mo
0.2 miles
Demographics for 48141, MI
26,088
Population
11,497
Households
2.3
Avg Household Size
34
Median Age
12%
College-Educated
83%
High-School Grad
6.3 sq mi
ZIP Area
4,141
Density / Sq Mi
$39,632
Median Household Income
$32,135
Median Earnings
$1,127
Median Rent
$75,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale, 2500 square feet.
Where is this retail space located?
The property is located at 1025 Middlebelt Rd Inkster, MI.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
