Property profile

11201 Middlebelt Rd Romulus, MI 48174

OFF-MARKET
Land
17.16 ac lot
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Property summary

AI-generated overview

This exceptional 17.16-acre parcel of land, located at 11201 Middlebelt Road in Romulus, Michigan, presents a significant opportunity for industrial development. Situated in Wayne County, with a convenient zip code of 48174, this property boasts a Heavy Industrial zoning designation, making it ideal for a wide range of industrial uses. The asking price is $2,488,000, offering a compelling investment for owner-users seeking a strategic location. The land's proximity to Detroit Metropolitan Airport (DTW) provides unparalleled access to transportation networks, enhancing logistical efficiency and market reach. This is an owner-user opportunity, and the property is designated as an Opportunity Zone. The total lot size is 17.16 acres, and it's important to note that some parcels may be available for separate purchase, providing flexibility for various project scales and needs. This prime location and zoning make this an exceptional opportunity for businesses seeking to establish or expand their operations in a thriving industrial area. The property's coordinates are 42.2225477 latitude and -83.3268115 longitude.

Property profile

Verified
Property type Land
Lot 17.16 ac (747,490 SF)

Cap rate & NOI

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

Location

11201 Middlebelt Rd Romulus, MI 48174
Romulus metro
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Value estimations

Realmo proprietary · 4 methods
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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
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