Property profile

7500 Cogswell St Romulus, MI 48174

OFF-MARKET
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Property ID
US43-1742886
13,181 SF 4.18 ac Built 1967
Last sale Jan 2012·$58,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This M-1 light-industrial property comprises two buildings on 4.18 acres in Romulus near the airport and major highways. The primary building is 7,410 square feet and includes garage bay doors, a paint booth, overhead heat, a frame machine, and a hoist; it has an office area with updated flooring and countertops and an upper level with a remodeled employee lounge, kitchen, additional rooms, and a full bathroom. The primary building had a roof replacement and features refreshed exterior paint…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$288k
Effective rate6.87%

Value estimate

· Nov 2026
$635k
$572k – $699k
Submarket $/SF estimate$637k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$48 – $109
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1-LIG
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.4
Restaurant14.3
Hair Salon11.7

Location

7500 Cogswell St Romulus, MI 48174-1309
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36050 Goddard, Romulus, MI 48174-3850 $280,000 Feb 2025 2,604 SF
27455 Van Born, Romulus, MI 48174-2316 $269,000 Jan 2025 2,400 SF
6363 Middlebelt, Romulus, MI 48174-4209 $300,000 Jan 2025 3,216 SF
12750 Huron Riv, Romulus, MI 48174-1157 $350,000 May 2021 2,761 SF
17950 Merriman, Romulus, MI 48174-9487 $125,000 Feb 2021 3,386 SF
29933 Beverly, Romulus, MI 48174-2031 $235,000 Aug 2020 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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