Property profile

15065 32 Mile Rd Romeo, MI 48065

FOR LEASE
Flex space
Saved · see the list in your Dashboard
Property ID
US43-0968451
19,995 SF 1 ac Built 2008
Last sale Feb 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a main-road industrial building with a two-story front office/showroom area and a rear shop/warehouse area. It includes operational loading and access features comprising two rear loading docks measuring approximately 10 feet wide by 10 feet high each, along with one grade-level door measuring approximately 16 feet wide by 14 feet high. The building was recently renovated and is configured to provide a combined customer-facing front office/showroom space and rear…

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 · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$353k
Effective rate3.82%

Value estimate

· Nov 2026
$315k
$284k – $347k
Submarket $/SF estimate$878k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$28k
Operating expenses−$23k
NOI$70k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 489 recorded sales of this use type
Observed band · Q1–Q3$43 – $94
Qualifying comparables19

Cap rate analysis

How does the asset earn?
$70k 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?
VILLAGE
JurisdictionMACOMB

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 Supply8.6
Storage Facility8.3
Convenience Store8.2

Location

15065 32 Mile Rd Romeo, MI 48065
County assessor Recorded deeds · 9 transfers 19 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Pond, Romeo, MI 48065-4902 $1,800,000 Dec 2023 16,108 SF
110 Mclean, Bruce Twp, MI 48065-4919 $1,350,000 Oct 2023 19,677 SF
140 Mclean, Bruce Twp, MI 48065-4919 $600,000 Jul 2023 14,955 SF
173 Pond, Romeo, MI 48065-4903 $1,150,000 Nov 2021 15,240 SF
69225 Powell, Bruce Twp, MI 48065-4916 $680,000 Nov 2021 13,770 SF
180 Shafer, Romeo, MI 48065-4907 $1,150,000 Sep 2021 17,591 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved