35408 Beverly Rd Romulus, MI 48174
This exceptional commercial property, located at 35408 Beverly Rd, Romulus, MI 48174, presents a unique investment opportunity. The 27,700 square foot building, constructed in 1957, sits on a generous 6.43-acre lot and boasts significant frontage on Beverly Road (over 500 feet) with a depth of approximately 630 feet. Previously utilized as a school, the single-story structure features fifteen classrooms, multiple offices, ample bathroom facilities, and a large, versatile multi-purpose room. The property offers extensive paved parking areas and substantial green space, providing ample room for expansion or diverse uses. The R-1B zoning permits a range of possibilities. This property is being offered via online auction on December 10, 2024, starting at 8 am and concluding at 7 pm, with an opening bid of only $25,000. The property's substantial size, versatile layout, and prime location in Wayne County make it an attractive prospect for various commercial ventures. Detailed information, including photos and terms of sale, can be found on the auction website. The APN is 80-017-99-0005-000. This is a rare chance to acquire a significant commercial asset in a desirable Michigan location. Don't miss this opportunity to own a piece of Romulus's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1B-S.F · Romulus, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.