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    Property profile & analytics

    8450 Merriman Rd Romulus, MI 48174-1960

    • Grocery and convenience stores
    • 3,936 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3437480
    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

    • Grocery and convenience stores

    Property Details for 8450 Merriman Rd

    Year built
    2012
    Lot size
    0.90 lot acres
    Property size
    3,936 SF
    Zone code
    C3-HWY
    Property type
    Grocery and convenience stores
    APN
    80 043 99 0003 700
    APU
    80043990003700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3472
    Latitude
    42.2434
    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
    $28,626
    $0.00
    $0.00
    $521,200
    -
    $0.00
    $0.00
    $1,042,400

    Comparable in this City

    • Value Estimation by Request
      5,529 SF

      7130 Middlebelt Rd

      CONVENIENCE STORE • 5,529 SF
      7130 Middlebelt Rd, Romulus, MI 48174-2131
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    • Value Estimation by Request
      767 SF

      15155 Huron Riv Dr

      CONVENIENCE STORE • 767 SF
      15155 Huron Riv Dr, Romulus, MI 48174-3675
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    • Value Estimation by Request
      2,920 SF

      9152 Inkster Rd

      CONVENIENCE STORE • 2,920 SF
      9152 Inkster Rd, Romulus, MI 48174-2614
      View Details
    • Value Estimation by Request
      1,794 SF

      7111 Merriman Rd

      CONVENIENCE STORE • 1,794 SF
      7111 Merriman Rd, Romulus, MI 48174-1956
      View Details
    • Value Estimation by Request
      1,920 SF

      29240 Ecorse Rd

      CONVENIENCE STORE • 1,920 SF
      29240 Ecorse Rd, Romulus, MI 48174-2470
      View Details
    • Value Estimation by Request
      2,600 SF

      31414 Ecorse Rd

      CONVENIENCE STORE • 2,600 SF
      31414 Ecorse Rd, Romulus, MI 48174-1963
      View Details

    Similar Nearby for Sale

    • $700,000

      Commercial Building on Goddard Road

      Commercial building suitable for various business operations with ample parking.
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    • $475,000

      High-Traffic Corner Retail Property

      Retail property with high visibility and easy freeway access.
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      Commercial building with showroom, office, and warehouse space for sale.
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    • New
      $2,990,000
      117.74 Acres

      Romulus Land with Golf Course

      117-acre property with golf course, clubhouse, restaurant, and residential lots.
      20820 Inkster Rd, Romulus, MI 48174
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    • New
      $2,990,000
      5,000 SF

      Romulus Golf Course and Restaurant

      117-acre Romulus property with golf course, clubhouse, and restaurant.
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      Commercial Building on Fenced Acre

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    Similar Nearby for Lease

    • $15 SF/Yr
      917 SF

      Retail Space Near Airport

      Retail space available in busy Romulus shopping center.
      9219-9301 Wayne Rd, Romulus, MI 48174
      View Details
    • $18 SF/Yr
      16,000 SF

      Retail Space with Drive-Thru

      Proposed 16,000 SF retail space with drive-thru end-cap.
      39325 Ecorse Rd, Romulus, MI 48174
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    • $15 SF/Yr
      8,000 SF

      Prime Brownstown Retail Space

      8,000 SF Freestanding Building - For Lease
      18918 Telegraph Rd, Brownstown Charter Township, MI 48174
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    • Contact for pricing
      12,566 SF

      Romulus Retail Space For Rent

      12,566 SF retail space in Romulus, built in 2000.
      36567 Goddard Rd, Romulus, MI 48174
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    • Contact for pricing
      8,400 SF

      Retail Space in Tel-King Plaza

      2,100 SF retail unit available in Brownstown Township.
      20840 Telegraph Rd, Brownstown, MI 48174
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    • Contact for pricing

      Romulus Retail Land Opportunity

      Prime Wayne County retail land for lease.
      32870 Wick Rd, Romulus, MI 48174
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    Property Visit Statistics

    • Visits by month
      62.2k
    • Visitors by month
      36.9k
    • Avg Time on site
      10 min
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    Romulus, MI 48174-1960
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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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