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    Property profile & analytics

    51341 Huron River Dr Belleville, MI 48111

    • Retail space
    • 11,052 SF
    • 1.72 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Jul 07, 2022
    Location Intelligence
    Property ID
    US43-1413655
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rite Aid / Drug Store / Beauty Supply Store
    • Coinhub Bitcoin ATM Teller / Atm
    • higi / Health Consultant
    • Western Union / Money Transfer Service
    • Amazon Hub Counter - Rite Aid / E-Commerce Service / Mailing Service

    Property Details for 51341 Huron River Dr

    Year built
    2006
    Lot size
    1.72 lot acres
    Property size
    11,052 SF
    Zone code
    C1 GEN
    Property type
    Retail space
    APN
    83 118 99 0021 704
    APU
    83118990021704

    Description

    This exceptional 11,180-square-foot retail building, situated on a 1.72-acre lot in Belleville, Michigan, presents a compelling investment opportunity. The property, formerly a Rite Aid, boasts a convenient drive-thru window and is ideally located on a high-visibility corner with excellent accessibility at a traffic signal. Its versatile layout is well-suited for a variety of retail, office, medical, or service-based businesses. The ample space allows for significant customization to meet the needs of a diverse range of tenants. This prime location in the thriving Belleville area offers maximum exposure and is strategically positioned near I-94, ensuring high traffic volume and customer convenience. The property is currently vacant and available for immediate occupancy under an Absolute NNN lease. The asking price is $4,500,000. This presents a unique chance to acquire a substantial retail space in a dynamic market with strong potential for growth and success. The property's size, location, and versatility make it an attractive investment for those seeking a high-return opportunity in the retail sector. The address is 51341 W Huron River Dr, Belleville, MI 48111.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Van Buren Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5426
    Latitude
    42.2036
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $53,551
    $0.00
    $0.00
    $966,400
    -
    $0.00
    $0.00
    $1,932,800

    Comparable in this City

    • Value Estimation by Request
      1,225 SF

      24985 Sumpter Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,225 SF
      24985 Sumpter Rd, Belleville, MI 48111-9628
      View Details
    • Value Estimation by Request
      3,450 SF

      1136 Sumpter Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,450 SF
      1136 Sumpter Rd, Van Buren Township, MI 48111-2935
      View Details
    • Value Estimation by Request
      1,482 SF

      247 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,482 SF
      247 Main St, Belleville, MI 48111-2643
      View Details
    • Value Estimation by Request
      1,368 SF

      245 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,368 SF
      245 Main St, Belleville, MI 48111-2643
      View Details
    • Value Estimation by Request
      800 SF

      382 Main St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      382 Main St, Belleville, MI 48111-2646
      View Details
    • Value Estimation
      $140,000
      1,268 SF

      151 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,268 SF
      151 Main St, Belleville, MI 48111-2737
      View Details

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    Similar Nearby for Lease

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    • $10 SF/Yr
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      Retail Center at Busy Corner

      Neighborhood retail center with suites available for immediate occupancy.
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      28,830 SF automotive/retail property with I-275 frontage.
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    • Contact for pricing
      937 SF

      Meijer In-Store Retail Space

      937 sq ft retail space in prime location
      9701 Belleville Rd, Belleville, MI 48111
      View Details
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    Belleville, MI 48111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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