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    FOR SALE
    Warehouses

    51391 Willis Rd, Belleville, MI 48111

    2,643 SF 0.42 ac lot Built 1925
    Individually Owned 12-yr Hold Free & Clear
    Property ID
    US43-1570404
    Property summary
    AI-generated overview

    This exceptional 2,646 square foot storefront property at 51391 Willis Rd, Belleville, MI 48111 presents a compelling redevelopment opportunity. Situated on a sizable 0.42-acre corner lot, this building offers significant potential for a variety of commercial uses. Built in 1925, the structure boasts a main floor of 1,608 square feet and an additional 892 square feet on the second floor, providing ample space for expansion or creative repurposing. The property is zoned for both residential and commercial use, opening up a range of possibilities for the discerning investor. The location in Belleville, Wayne County, Michigan, offers excellent visibility and accessibility. This property is ideal for entrepreneurs seeking a unique space to establish their business or for investors looking to capitalize on a prime redevelopment opportunity. Note that an adjacent single-family home at 9045 Rawsonville Rd is also available for purchase, presenting an additional investment opportunity. The property's APN is 81-026-99-0016-000. Asking price is $433,000.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1925
    Total area 2,643 SF
    Lot 0.42 ac (18,295 SF)
    APN 81 026 99 0016 000
    UPID US43-1570404
    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
    Current use
    Occupant on record · Public records
    • ABCO Mobile Home Services Hardware & Home Improvement Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    ROBERT ADCOCK
    ROBERT ADCOCK
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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