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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    195 Campbell St River Rouge, MI 48218

    • Manufacturing properties
    • 33,671 SF
    • 2.19 lot acres
    For Sale
    View listing
    $2,000,000
    Last Sale
    Aug 11, 2025
    $1,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1613629
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 195 Campbell St

    Lot size
    2.19 lot acres
    Property size
    33,671 SF
    Zone code
    M1 LITE
    Property type
    Manufacturing properties
    APN
    50 008 99 0013 701
    APU
    50008990013701

    Description

    This exceptional 33,671-square-foot industrial building in River Rouge, Michigan, presents a compelling investment opportunity. Located at 195 Campbell St, 48218, this vacant property boasts a versatile design suitable for distribution, flex, or manufacturing uses. The building features a 24-foot clear height, two cranes, and three overhead doors, enhancing operational efficiency. A fully fenced and secured 94,511-square-foot lot provides ample space for storage and maneuvering. Approximately 3,000 square feet of office space is included, catering to administrative needs. The asking price is $2,000,000, translating to $59.40 per square foot. Its strategic location offers quick access to I-75, providing seamless transportation links. This property is ideal for businesses seeking a well-equipped, secure, and conveniently located industrial space in the thriving River Rouge market. Wayne County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $675,000
      Market price range: $675k - $2.28M
      AI Estimate
      $698,000
      Market price range: $698k - $2.02M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,355,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1407
    Latitude
    42.277
    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
    2023
    $19,762
    $0.00
    $0.00
    $216,000
    -
    $0.00
    $0.00
    $432,000

    Comparable in this City

    • Value Estimation
      $7,955,000
      390,071 SF

      60 Haltiner St

      MANUFACTURING (LIGHT) • 390,071 SF
      60 Haltiner St, River Rouge, MI 48218-1259
      View Details
    • Value Estimation by Request
      4,124 SF

      237 Haltiner St

      MANUFACTURING (LIGHT) • 4,124 SF
      237 Haltiner St, River Rouge, MI 48218-1226
      View Details
    • Value Estimation
      $505,000
      24,651 SF

      157 Campbell St

      MANUFACTURING (LIGHT) • 24,651 SF
      157 Campbell St, River Rouge, MI 48218-1001
      View Details
    • Value Estimation
      $620,000
      9,688 SF

      800 Marion Ave

      MANUFACTURING (LIGHT) • 9,688 SF
      800 Marion Ave, River Rouge, MI 48218-1689
      View Details
    • Value Estimation
      $1,950,000
      55,195 SF

      245 Marion Ave

      MANUFACTURING (LIGHT) • 55,195 SF
      245 Marion Ave, River Rouge, MI 48218-1695
      View Details
    • Value Estimation
      $1,160,000
      45,351 SF

      40 Haltiner St

      MANUFACTURING (LIGHT) • 45,351 SF
      40 Haltiner St, River Rouge, MI 48218-1259
      View Details

    Similar Nearby for Sale

    • $2,000,000
      33,671 SF

      Crane Building in River Rouge

      33,671 SF crane building with cultivation licenses.
      195 Campbell St, River Rouge, MI 48218
      View Details
    • $2,000,000
      33,671 SF

      River Rouge Industrial Building For Sale

      33,671 SF Warehouse, Excellent Location
      195 Campbell St, River Rouge, MI 48218
      View Details
    • $295,000
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      River Rouge Storefront - $295,000

      Prime Retail/Warehouse Opportunity in River Rouge
      11287 Jefferson Ave, River Rouge, MI 48218
      View Details
    • $259,900
      2,568 SF

      Fully Occupied Quadra Plex

      Investment opportunity: four units, strong rental history, consistent cashflow.
      426 Genessee St, River Rouge, MI 48218
      View Details
    • $525,000
      8,410 SF

      River Rouge Retail Opportunity

      8,410 SF Vacant Storefront, $525,000
      235 Burke St, River Rouge, MI 48218
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    • $89,995

      Frazier St, River Rouge Property

      Property located at 206 Frazier St, River Rouge, MI
      206 Frazier St, River Rouge, MI 48218
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    Similar Nearby for Lease

    • $4 SF/Yr
      134,157 SF

      River Rouge Warehouse Space Available

      Large industrial warehouse space for lease in Michigan.
      1721 Pleasant St, River Rouge, MI 48218
      View Details
    • $5 SF/Yr
      54,177 SF

      River Rouge Warehouse - 54,177 SF

      Spacious industrial warehouse, ample parking.
      40 Haltiner St, River Rouge, MI 48218
      View Details
    • $11 SF/Yr
      2,312 SF

      Oak Park Plaza Retail Space

      Retail space available in high-traffic Oak Park Plaza.
      23001 Coolidge Hwy, Oak Park, MI 48218
      View Details
    • $22 SF/Yr
      1 SF

      Retail Storefront in River Rouge

      Affordable commercial storefront with excellent visibility near schools and neighborhoods.
      288 Richter St, River Rouge, MI 48218
      View Details
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    195 Campbell St
    River Rouge, MI 48218
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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