1025 Middlebelt Rd Inkster, MI 48141
Property profile & analytics
1025 Middlebelt Rd Inkster, MI 48141
- Retail space
- 2,400 SF
- 0.46 lot acres
Property ID
US43-0921355
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Papa's Pizza / Restaurant
Property Details for 1025 Middlebelt Rd
- Year built
- 1978
- Lot size
- 0.46 lot acres
- Property size
- 2,400 SF
- Property type
- Retail space
- APN
- 44 005 01 0001 001
- APU
- 44005010001001
Description
This exceptional 2,500 square foot retail storefront, located at 1025 Middlebelt Rd in Inkster, Michigan (48141), presents a compelling investment opportunity. Currently occupied by a single tenant, Papa's Pizza, this property boasts a strong track record, having operated successfully at this location for nearly 15 years. The lease commenced January 2nd, 2024, and extends until February 27th, 2027, providing investors with immediate cash flow and long-term stability. The asking price is $459,000, representing a compelling $183.60 per square foot and a 6.36% capitalization rate based on a Net Operating Income (NOI) of $29,218. The property's high-visibility corner location, enhanced by a traffic light at the intersection, ensures maximum exposure and potential for success. With 16 parking spaces available, customer convenience is maximized. The single-tenant structure minimizes maintenance responsibilities, as the tenant is responsible for operating and maintaining the site, offering a hands-off approach for the investor. This is a rare opportunity to acquire a well-established, low-maintenance retail property with significant upside potential in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Inkster
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3296
- Latitude
- 42.3038
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$5,572
$0.00
$0.00
$75,200
-
$0.00
$0.00
$150,400
