Property profile

218 Main St Romeo, MI 48065

OFF-MARKET
Retail space
Property ID
US43-1301393
3,849 SF 0.13 ac lot Built 1930
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 3,849 SF
Lot 0.13 ac (5,619 SF)
Zoning code VERIFY
APN 27-01-35-382-003
UPID US43-1301393

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
  • Dental Office
  • Photography Service (Bike/Boat/Book/etc) Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

218 Main St Romeo, MI 48065-4616
Romeo metro Census 206700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2022
Last sale
$262,500
3 recorded transactions
2022
$262,500
2021
$200,000
2019
Price N/A

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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