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    28684 Beverly Rd Romulus, MI 48174

    For Sale
    $395,000

    5,000 SF Warehouse, Manufacturing, 5 Acres

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 28684 Beverly in Romulus, Michigan, presents a compelling investment opportunity. The 5,000 square foot warehouse/manufacturing building sits on a generous 5-acre lot, offering ample space for operations and potential expansion. The building boasts an impressive 18-foot ceiling height, providing excellent vertical storage capacity. The property is zoned M1-LIG, allowing for a variety of industrial uses. With 165 feet of frontage, the property offers excellent accessibility and visibility. The asking price for this turnkey industrial property is $395,000. This prime location in Wayne County, Michigan, (zip code 48174) provides easy access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The property's size and zoning make it suitable for a wide range of industrial applications, from warehousing and distribution to light manufacturing. Don't miss this chance to acquire a substantial industrial property in a thriving Michigan market.

    Property Features for 28684 Beverly Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    5,000 SF
    Lot Size
    217,800 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Clothing Store Building Supply Accounting Firm Daycare Center Wholesale Shop Auto Repair Shop Department Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.322246
    Latitude
    42.26247

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    FAQs

    What type of property is this?
    Manufacturing property - 5,000 SF Warehouse, Manufacturing, 5 Acres
    Where is this manufacturing property located?
    The property is located at 28684 Beverly Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $395,000.
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    28684 Beverly Rd 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
    28684 Beverly Rd Romulus, MI 48174
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