Financial
Distress signals
Property profile

10255 Middlebelt Rd Romulus, MI 48174

OFF-MARKET
Office buildings
Property ID
US43-0523730
1,648 SF 0.91 ac lot Built 1972
Last sale Oct 2025 · $533,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 1.91-acre commercial land parcel presents a unique investment opportunity, ideally suited for hotel development. Strategically located at 10255 Middlebelt Road and 10236 Hyde Park Street in Romulus, Michigan (zip code 48174), this property boasts immediate access to I-94 freeway and enjoys a prime position east of the Detroit Metropolitan Wayne County Airport (DTW). The site is zoned C-2 General Business, explicitly permitting hotel construction, making it a turnkey solution

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$93k
Effective rate6.62%

Value estimate

· Sep 2026
$280k
$252k – $308k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 473 recorded sales of this use type
Observed band · Q1–Q3$47 – $153
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2-GEN
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Bakery8.2
Cafe & Coffee Shop7.7

Location

10255 Middlebelt Rd Romulus, MI 48174-2713
County assessor Recorded deeds · 5 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14400 Inkster, Romulus, MI 48174-2875 $600,000 Feb 2025 2,646 SF
36830 Goddard, Romulus, MI 48174-1252 $210,000 Feb 2022 5,358 SF
6971 Merriman, Romulus, MI 48174-1913 $145,000 Jun 2021 3,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 10255 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