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Property profile & analytics
OFF-MARKET
Estimated value
$2,975,000
Warehouses
30735 Cypress Rd, Romulus, MI 48174-3546
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-1632426
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
36,240 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1-LIG
APN
80 007 01 0989 303
UPID
US43-1632426
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
$2.97M
Blend (final)
Blend
$2.98M
Owner & transaction history
Mvd Investments LLC · 4 yrs held
Mvd Investments LLC
since 2022
6 recorded transactions
Zoning & alternative use
M1-LIG · Romulus, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.4M
+98.3%
Medical building
$3.4M
+53.5%
Office building
$3.2M
+43.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Romulus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Romulus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,225,000
Current use
COMMERCIAL (GENERAL)
$4,410,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$3,415,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$3,180,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$2,975,000
Change: +34% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,885,000
Change: +30% · Conversion: Moderate
RESTAURANT
$2,795,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.98M
Range $2.68M – $3.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,365
Tax year 2023
Assessed value
$1,005,700
Assessed 2024
Previous assessed
$976,000
+3.0% YoY
Effective rate
3.91%
On assessed value
Total market value
$2,011,400
Applied tax rate
82,130.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Stories
1
Total area
36,240 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1-LIG
APN
80 007 01 0989 303
UPID
US43-1632426
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
M1-LIG · Romulus, MI
Zoning M1-LIG · permitted uses
M1-LIG · Romulus, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Romulus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
RESTAURANT
Est. value
$2.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Stories
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Mvd Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30735 CYPRESS RD, ROMULUS, MI 48174-3546
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
—
Mvd Investments LLC
Lna Investments LLC
Intrafamily Transfer
related
—
Jan 7, 2022
—
Mvd Investments LLC
Lna Investments LLC
Quit Claim Deed
related
$5,310,200 · First State Bank
Jun 1, 2017
—
Lna Investments LLC
—
Grant Deed
related
$3,250,000 · Tcf Nat'l Bk
Apr 29, 2010
—
Lna Investments LLC
Beverly Investments LLC
Quit Claim Deed
related
—
Apr 27, 2010
—
Lna Investments LLC
—
Deed Of Trust
related
$3,500,000 · Miscellaneous Ins Co
—
—
Lna Investments LLC
—
Loan Modification
related
$817,800 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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