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    51391 Willis Rd Belleville, MI 48111

    For Sale
    $433,000

    Historic Belleville storefront, 2,646 sq ft, redevelopment opportunity.

    Property size:
    2,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,646 square foot storefront property at 51391 Willis Rd, Belleville, MI 48111 presents a compelling redevelopment opportunity. Situated on a sizable 0.42-acre corner lot, this building offers significant potential for a variety of commercial uses. Built in 1925, the structure boasts a main floor of 1,608 square feet and an additional 892 square feet on the second floor, providing ample space for expansion or creative repurposing. The property is zoned for both residential and commercial use, opening up a range of possibilities for the discerning investor. The location in Belleville, Wayne County, Michigan, offers excellent visibility and accessibility. This property is ideal for entrepreneurs seeking a unique space to establish their business or for investors looking to capitalize on a prime redevelopment opportunity. Note that an adjacent single-family home at 9045 Rawsonville Rd is also available for purchase, presenting an additional investment opportunity. The property's APN is 81-026-99-0016-000. Asking price is $433,000.

    Property Features for 51391 Willis Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,646 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1925

    HighLights

    • Redevelopment opportunity
    • Adjacent single‑family home at 9045 Rawsonville Rd also available
    • 0.42‑acre corner lot
    • 2,646 SF building (1,608 SF main floor + 892 SF second floor)
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ABCO Mobile Home ... Mobile Home Supply Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5412899
    Latitude
    42.1584248

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    FAQs

    What type of property is this?
    Individual retail property - Historic Belleville storefront, 2,646 sq ft, redevelopment opportunity.
    Where is this individual retail property located?
    The property is located at 51391 Willis Rd Belleville, MI.
    What is the asking price?
    The asking price for this property is $433,000.
    What are key features of this property?
    This property features: Redevelopment opportunity; Adjacent single-family home at 9045 Rawsonville Rd also available; 0.42-acre corner lot
    Request Owner's contact information
    51391 Willis Rd Belleville, MI 48111
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    Belleville, MI 48111
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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
    51391 Willis Rd Belleville, MI 48111
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