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Property profile & analytics
OFF-MARKET Estimated value $2,575,000
Grocery and convenience stores

27416 Ecorse Rd Romulus, MI 48174-2427

12,460 SF 2.41 ac lot Built 1977
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-1532122
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1977
Total area 12,460 SF
Lot 2.41 ac (104,980 SF)
Zoning code M-T
APN 80 004 04 0001 302
UPID US43-1532122
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.58M
Blend (final) Blend
$2.58M
Owner & transaction history
Naser Holdings Romulus LLC · 4 yrs held
Naser Holdings Romulus LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
M-T · Romulus, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

and/or the sale of used parts is allowed in the M-T District only subject to the requirements of Section 11.07(h). (16) A vehicle dealer license from the State of Michigan shall be provided prior to issuance of any occupancy permits for the sale of more than 4 vehicles or trucks. (b) Truck Stops ( 1) The Planning Commission shall determine that traffic opera…

Zone name Industrial Transportation District
General category INDUSTRIAL
Zone area 1,384.22 ac
Top alternative use upside
Apartment house (5+ units) $2.8M +187.0%
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