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Financial
Distress signals
Property profile

11650 Belleville Rd Belleville, MI 48111

FOR LEASE
Medical Office Space
Property ID
US43-1123005
12,044 SF 6 ac lot Built 2010
Last sale Apr 2023 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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11650 Belleville Rd, Belleville, MI 48111 For Lease
$4,200/Mo
11650 Belleville Rd, Belleville, MI 48111
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Property summary

AI-generated overview

The property consists of rough-graded commercial land at 11650 Belleville Rd, Belleville, MI 48111, totaling approximately 3.72 acres across two development areas. The front portion comprises about 1.22 acres intended for automotive-focused development, with the rear portion comprising about 2.5 acres located behind an existing medical facility and suitable for additional medical-related, office, hotel, and other specialty uses. The site has undergone rough grading, with some underground…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023

Value estimate

· Oct 2026
$510k
$459k – $561k
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$17k
Operating expenses−$14k
NOI · 975.29% cap applied$41k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135

Cap rate analysis

How does the asset earn?
975.29%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2 EXT
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.8
Law Firm17.2
Auto Parts Store13.8

Location

11650 Belleville Rd Belleville, MI 48111
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 Main, Belleville, MI 48111-3286 $390,000 Jan 2025 2,460 SF
25 Owen, Belleville, MI 48111-2921 $320,000 Sep 2022 4,985 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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