Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8715 Rawsonville Rd Belleville, MI 48111
    Back to Search
    Property profile & analytics

    8715 Rawsonville Rd Belleville, MI 48111

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US43-0398249
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8715 Rawsonville Rd

    Property type
    Commercial real estate
    APN
    R170-008715-0000-01

    Description

    This exceptional 8.9-acre industrial land parcel presents a remarkable development opportunity in Belleville, Michigan. Located in Sumpter Township, between Willis and Bemis Roads, this property boasts convenient access to major transportation arteries. Situated just 1.8 miles south of I-94 at the Rawsonville Road exit and a short 10-mile drive west of Detroit Metropolitan Airport (DTW), the site offers unparalleled logistical advantages for businesses seeking efficient connectivity. The expansive lot, measuring 249 feet by 1,558 feet, provides ample space for a wide range of industrial uses, from manufacturing facilities and distribution centers to specialized industrial complexes. The property benefits from readily available municipal water and sewer services, eliminating infrastructural concerns. Currently zoned R1A with future industrial zoning, this site is ideally positioned to capitalize on the region's robust industrial growth. The property's location on a Class A road further enhances its accessibility and appeal. This is a rare opportunity to acquire a large, well-located industrial land parcel with excellent infrastructure and convenient access to major transportation networks. The asking price is $700,000, and the APN is R170-008715-0000-01. This property is ready for immediate development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5387088
    Latitude
    42.1634293

    Comparable in this City

    • $610,000

      5 Acre Commercial Land Parcel

      Commercial land suitable for logistics, manufacturing, and transportation businesses.
      6400 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Truck Terminal Ready for Operations

      6.03 acres with truck repair shop near I-94.
      6630 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      99,261 SF

      Industrial Property on Haggerty Road

      Industrial property with repair garage and expansion potential for sale.
      8353 Haggerty Rd, Van Buren Twp, MI 48111
      View Details
    • Contact for pricing
      7,761 SF

      Spacious Commercial Building on Main

      7,000+ sq ft commercial building on high-traffic Main Street.
      209 Main St, Belleville, MI 48111
      View Details
    • Contact for pricing
      39,000 SF

      Industrial/Flex Building on Six Acres

      39,000 SF multi-tenant building on 6 acres for sale.
      14857 Martinsville Rd, Belleville, MI 48111
      View Details

    Similar Nearby for Sale

    • $610,000

      5 Acre Commercial Land Parcel

      Commercial land suitable for logistics, manufacturing, and transportation businesses.
      6400 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Truck Terminal Ready for Operations

      6.03 acres with truck repair shop near I-94.
      6630 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      43,176 SF

      Rawsonville Road Commercial Property

      Commercial property for sale on Rawsonville Road.
      8393 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Goodyear Tire Truck Service Location

      Long-term leased Goodyear Tire truck service location for sale.
      8881 Samuel Barton Dr, Van Buren Township, MI 48111
      View Details
    • Contact for pricing
      99,261 SF

      Industrial Property on Haggerty Road

      Industrial property with repair garage and expansion potential for sale.
      8353 Haggerty Rd, Van Buren Twp, MI 48111
      View Details

    Similar Nearby for Lease

    • $6,900 /Mo
      16,800 SF

      Belleville Industrial Space For Lease

      16,800 SF industrial space with M-2 zoning in Belleville.
      12950 Haggerty Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      628,000 SF

      Crossroads Distribution Center - North

      265-acre industrial park in Van Buren Township, Michigan.
      42060 Ecorse Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in Belleville, Michigan.
      6290 Haggerty Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Industrial Warehouse Space Available

      Industrial warehouse space for lease in Belleville, Michigan.
      6100 Haggerty Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Vacant Land Near I-275

      0.5 acres of vacant land zoned agricultural with main road frontage.
      Ecorse Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Belleville Road Retail and Land

      Commercial land and retail spaces available for lease in Belleville.
      10401 Belleville Rd, Belleville, MI 48111
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8715 Rawsonville Rd
    Belleville, MI 48111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8715 Rawsonville Rd, Belleville, MI, 48111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!