15523 32 Mile Rd, Romeo, MI 48096
This exceptional 7.5-acre industrial property presents a unique investment opportunity in Romeo, Michigan. Located at 15523 32 Mile Road, just east of Powell Road, the site boasts a substantial 1,555 square foot home built in the 1950s. The property's industrial zoning opens the door to a wide range of potential uses, making it ideal for businesses seeking ample space and convenient access. The existing home could serve as office space, a caretaker's residence, or be renovated to suit specific needs. The expansive 7.5-acre lot provides ample room for expansion, storage, or outdoor operations. Its strategic location offers easy access to major transportation routes, ensuring efficient logistics and distribution. This property is priced competitively at $550,000, representing a significant value proposition for discerning investors and businesses seeking a versatile and well-situated industrial space. The combination of existing building and substantial land area makes this a rare find in the Romeo market. Serious inquiries are encouraged to explore the full potential of this remarkable property and its suitability for various industrial applications. The property's existing infrastructure and zoning provide a solid foundation for immediate development or long-term growth. Don't miss this chance to acquire a prime industrial asset in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.