Property profile

179 Bailey St Romeo, MI 48065

OFF-MARKET
Commercial real estate
Property ID
US43-4643419
2,025 SF 0.18 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 2,025 SF
Lot 0.18 ac (7,667 SF)
Zoning code VILLAGE
APN 28-04-02-133-007
UPID US43-4643419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

179 Bailey St Romeo, MI 48065-5207
Romeo metro Census 206700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$31,500
6 recorded transactions
2023
$33,859
2012
$31,500
2012
Price N/A
2011
Price N/A
2010
$158,519
2007
$18,082

Zoning & alternative use

VILLAGE · Romeo, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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