Property profile

36135 Bibbins St Romulus, MI 48174

OFF-MARKET
Industrial properties
Property ID
US43-1720194
6,116 SF 2.82 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,116 square foot industrial property in Romulus, Michigan, presents a compelling investment opportunity. Situated on a 1.3-acre lot, this building is zoned M-1 Light Industrial and offers significant potential for a variety of uses. The property is currently being split from a larger parcel, ensuring independent ownership and control. The building itself boasts substantial features including a fully fenced perimeter, providing enhanced security. Heavy power is readily available, catering to businesses with significant energy demands. Its strategic location offers unparalleled access to Detroit Metropolitan Airport and major freeways, facilitating efficient transportation of goods and personnel. This prime location ensures excellent connectivity to regional and national transportation networks. The property's size and features make it suitable for a wide range of industrial operations. Note that additional land is available for expansion or complementary development, providing further growth opportunities. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving area. The asking price is $595,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Total area 6,116 SF
Lot 2.82 ac (122,839 SF)
Zoning code M1-LIG
APN 80 077 17 0017 000
UPID US43-1720194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

36135 Bibbins St Romulus, MI 48174-3839
Romulus metro Census 585900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

M1-LIG · Romulus, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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