19750 Sumpter Rd Belleville, MI 48111
- Commercial real estate
- 1,918 SF
- 1.34 lot acres
Current Use by Public Records
- Rollers Skate Park / Roller Skating Rink / Sports Complex
Property Details for 19750 Sumpter Rd
- Year built
- 1947
- Lot size
- 1.34 lot acres
- Property size
- 1,918 SF
- Property type
- Commercial real estate
- APN
- 81 033 99 0002 000
- APU
- 81033990002000
Description
This exceptional Belleville, MI property presents a unique investment opportunity. The main building is a thriving, turnkey roller skating rink boasting over 15,940 square feet of space. Features include recently refinished maple floors, a fully operational kitchen and cafe area, skate rental and repair facilities, two private party rooms, and ample restrooms. The rink currently hosts a variety of activities including skating lessons, open skating sessions, private parties, derby events, cardio drumming classes, and a cornhole league, demonstrating its diverse revenue streams and established clientele. The property also includes a substantial 1.34-acre lot with a large parking area, ensuring convenient access for patrons. Adding to the investment potential are two residential bungalows: a five-bedroom, one-bathroom home and a two-bedroom, one-bathroom ranch, both currently leased, providing additional income streams. A separate building currently operates as a seasonal ice cream shop, further diversifying the property's income potential. This turnkey operation offers immediate income and significant upside potential for a savvy investor. The inventory of the skating rink is sold separately. This is a rare opportunity to acquire a multi-faceted commercial property with established businesses and strong rental income. The property is priced at $650,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $85,000
- 6.5%
- $85,000
- 7%
- $95,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $100,000
- Geo Method
- $95,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $115,000
- Mixed-Use
- $100,000
- Hospitality
- $85,000
- Educational
- $110,000
- Residential Income
- $100,000
- Energy
- $85,000
- Income-Based Land
- $85,000
- Food Service
- $95,000
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4827
- Latitude
- 42.1596
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA