Property profile

00 Middlebelt Rd Romulus, MI 48174

OFF-MARKET
Industrial properties
100 SF 40.26 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 40.26-acre industrial property in Romulus, Michigan, presents a remarkable investment opportunity. Located on a hard corner at the intersection of Middlebelt and Pennsylvania Roads, this site boasts over 1300 feet of combined road frontage, ensuring unparalleled visibility and accessibility. Its strategic location, just one mile from Eureka Road, provides convenient access to major transportation arteries. The property currently holds an R1A zoning designation, but preliminary site plans have already been developed for a mixed-use development. These plans envision approximately 38 acres dedicated to multi-family residential units (apartments or condos), while the remaining 15 acres, situated at the prominent corner, are designated for commercial use. This could include restaurants and a retail strip center, offering a diverse range of development possibilities. The property's infrastructure is further enhanced by the availability of water and sewer services directly at the street. The existing 100 square foot building is a minor component of the overall offering, with the vast majority of the value residing in the expansive land parcel. This is a rare opportunity to acquire a large, strategically located parcel with significant development potential in a rapidly growing area. The property's size, location, and zoning flexibility make it ideal for a variety of large-scale projects. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Total area 100 SF
Lot 40.26 ac (1,753,726 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Middlebelt Rd Romulus, MI 48174
Romulus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 00 Middlebelt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message