Property profile

28450 Highland Rd Romulus, MI 48174

OFF-MARKET
Industrial properties
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Property ID
US43-2920606
32,380 SF 1.75 ac Built 1974
Last sale Oct 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$453k
Effective rate4.56%

Value estimate

· Nov 2026
$595k
$536k – $655k
Submarket $/SF estimate$1.22M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$36 – $70
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-T
District permits industries which are of a heavy manufacturing character and truck distribution facilities. It is also the intent to perm...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.3
Realty agency9.0
Tailor Shop8.8

Location

28450 Highland Rd Romulus, MI 48174-2507
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35555 Genron, Romulus, MI 48174-3654 $1,160,000 Oct 2024 25,883 SF
6930 Metro Plex, Romulus, MI 48174-2000 $2,850,000 Jul 2024 33,240 SF
6830 Metro Plex, Romulus, MI 48174-2012 $1,100,000 Jan 2023 27,472 SF
35777 Genron, Romulus, MI 48174-3654 $352,000 Sep 2022 27,534 SF
28900 Goddard, Romulus, MI 48174-2700 $3,480,000 Jul 2022 49,674 SF
30880 Smith, Romulus, MI 48174-2105 $1,095,000 Mar 2022 47,390 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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