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    8500 Wickham Rd Romulus, MI 48174-1961
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    Property profile & analytics

    8500 Wickham Rd, Romulus, MI 48174-1961

    View on Map

    • Motels
    • 40,030 SF
    • 3.93 lot acres
    Off-Market
    Property ID
    US43-0571304
    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
    $1,960,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 8500 Wickham Rd

    Year built
    1985
    Lot size
    3.93 lot acres
    Zone code
    RC-REG
    Property type
    Motels
    APN
    80 040 99 0003 008
    APU
    80040990003008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 1, 2021 — Wickeam Hotel Real Estate LLC — Deed · related $2.4M · Oxford Bank
    Nov 2, 2017 $1,650,000 Wickham Hotel Real Estate LLC Rachee Lodging INC Warranty Deed —
    Feb 24, 2014 — Rachee Lodging INC Grand Village INC Warranty Deed —
    — — Rachee Lodging INC — Deed Of Trust · related $1.7M · Pacific Premier Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,961,000
      Market price range: $1.23M - $3.90M
      AI Estimate
      $1,961,000
      Market price range: $1.23M - $3.90M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,485,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,185,000
      Change: +28% Conversion: Difficult
      RESTAURANT
      $3,090,000
      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
    -83.3486
    Latitude
    42.2432
    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
    $48,176
    $0.00
    $0.00
    $719,700
    -
    $0.00
    $0.00
    $1,439,400
    More about this property
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