Property profile

209 Main St Romeo, MI 48065

OFF-MARKET
Commercial real estate
Property ID
US43-0059845
3,840 SF 0.07 ac lot Built 1900
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 1900
Total area 3,840 SF
Lot 0.07 ac (3,006 SF)
Zoning code VERIFY
APN 27-01-35-381-012
UPID US43-0059845

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Bank Credit Union
  • Real Estate Agency

Location

209 Main St Romeo, MI 48065-4617
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
$290k

Owner & transaction history

since 2023
Last sale
$280,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2021
$280,000
2019
$385,000
2019
$375,000

Zoning & alternative use

VERIFY · 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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