27975 Eureka Rd Romulus, MI 48174
- Day care centers
- 3,788 SF
- 0.19 lot acres
Current Use by Public Records
- Day care centers
Property Details for 27975 Eureka Rd
- Year built
- 1968
- Lot size
- 0.19 lot acres
- Property size
- 3,788 SF
- Zone code
- R1B-S.F
- Property type
- Day care centers
- APN
- 80 141 02 0004 000
- APU
- 80141020004000
Description
This exceptional investment opportunity presents a turnkey, highly profitable childcare center in Romulus, Michigan, coupled with the underlying real estate. The 3,838 square foot facility sits on a 0.22-acre lot at 27975 Eureka Road. Currently generating a projected monthly net income of $68,184, this established business offers immediate cash flow. The sale includes both the business and the real estate for a total asking price of $1.2 million. This presents a unique chance to capitalize on the significant demand for childcare in the area, further enhanced by the State of Michigan's commitment to expanding childcare access. The state has allocated $100 million in grants to establish 1000 new childcare facilities within the next two years, making this an especially attractive investment. The property's strong financial performance, combined with the potential for growth fueled by state initiatives, positions this offering as a compelling investment prospect. The existing infrastructure and operational success provide a solid foundation for continued profitability and expansion. Serious inquiries are encouraged to explore this rare combination of established business and valuable real estate. Detailed financial statements and operational data are available upon request. This is a turnkey operation ready for immediate ownership and income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3122
- Latitude
- 42.1955
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
