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    8280 Merriman Rd Romulus, MI 48174-1917
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    Property profile & analytics

    8280 Merriman Rd, Romulus, MI 48174-1917

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    • Hotels
    • 71,408 SF
    • 3.24 lot acres
    Off-Market
    Property ID
    US43-1654832
    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
    $6,850,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 8280 Merriman Rd

    Year built
    2008
    Lot size
    3.24 lot acres
    Zone code
    RC-REG
    Property type
    Hotels
    APN
    80 040 99 0003 721
    APU
    80040990003721

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 30, 2023 — Romulus Property Holdings LLC — Deed · related $115M · Independent Bank
    Aug 30, 2013 — Romulus Property Holdings LLC Romulus Investments LLC Warranty Deed $26M · Starwood Mortgage Capital LLC
    Oct 1, 2010 — Merriman Investments LLC Romulus Investments LLC Quit Claim Deed · related $8M · Huntington National Bank
    Sep 14, 2010 — Romulus Investments LLC — Deed Of Trust · related $9M · Rbs Citizens Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,849,000
      Market price range: $2.20M - $6.96M
      AI Estimate
      $6,849,000
      Market price range: $2.20M - $6.96M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,435,000
      Current use
      COMMERCIAL (GENERAL)
      $8,685,000
      Change: +96% Conversion: Difficult
      MEDICAL BUILDING
      $6,725,000
      Change: +52% Conversion: Difficult
      OFFICE BUILDING
      $6,265,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $5,865,000
      Change: +32% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,680,000
      Change: +28% Conversion: Difficult
      RESTAURANT
      $5,510,000
      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
    -83.3479
    Latitude
    42.2448
    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
    $157,028
    $0.00
    $0.00
    $2,513,200
    -
    $0.00
    $0.00
    $5,026,400
    More about this property
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