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    7600 Merriman Rd Romulus, MI 48174-1911
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    Property profile & analytics

    7600 Merriman Rd, Romulus, MI 48174-1911

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    • Motels
    • 50,716 SF
    • 4.81 lot acres
    Off-Market
    Property ID
    US43-0894756
    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.

    Value Estimations
    $2,700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 7600 Merriman Rd

    Year built
    1987
    Lot size
    4.81 lot acres
    Zone code
    RC-REG
    Property type
    Motels
    APN
    80 037 99 0027 707
    APU
    80037990027707

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 30, 2016 — Runway Hospitality LLC — Deed · related $1.5M · Bank Of Ann Arbor
    Oct 7, 2011 $1,000,000 Runway Hospitality LLC Dawn-g LLC Grant Deed —
    Oct 12, 2010 — Dawn-g LLC Lbubs 2007-c2 Merriman Road Ll Quit Claim Deed · related —
    Sep 21, 2010 $2,200,000 Lbubs 2007-c2 Merriman Road Ll Deputy Sheriff Of Wayne County Trustees Deed —
    Feb 18, 2010 $2,200,000 Future Lodging-romulus LLC Deputy Sheriff Of Wayne County Trustees Deed · related —
    — — Runway Hospitality LLC — Deed Of Trust · related $500k · Bank Of Mi
    — — Runway Hospitality LLC — Deed Of Trust · related $1.8M · Bank Of Ann Arbor
    — — Runway Hospitality LLC — Deed Of Trust · related $100k · Bank Of Mi
    — — Runway Hospitality LLC — Loan Modification · related $1.5M · Bank Of Ann Arbor

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,701,000
      Market price range: $1.56M - $4.95M
      AI Estimate
      $2,701,000
      Market price range: $1.56M - $4.95M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,150,000
      Current use
      OFFICE BUILDING
      $4,450,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $4,165,000
      Change: +32% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,035,000
      Change: +28% Conversion: Difficult
      RESTAURANT
      $3,910,000
      Change: +24% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3493
    Latitude
    42.2488
    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
    $64,537
    $0.00
    $0.00
    $991,300
    -
    $0.00
    $0.00
    $1,982,600
    More about this property
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