Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8857 Haggerty Rd Belleville, MI 48111
    Back to Search
    Property profile & analytics

    8857 Haggerty Rd Belleville, MI 48111

    View on Map
    • Industrial land
    • 6.10 lot acres
    For Sale
    $825,000
    View Listing →
    Land For Sale For Sale
    $825,000

    Land For Sale

    Land available for sale.

    8857 Haggerty Rd, Belleville, MI 48111
    View Listing
    Property ID
    US43-1135737
    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

    • Industrial land

    Property Details for 8857 Haggerty Rd

    Lot size
    6.10 lot acres
    Zone code
    M1 LIG
    Property type
    Industrial land
    APN
    83 047 99 0001 706
    APU
    83047990001706

    Description

    This exceptional 6.1-acre commercial land parcel, located at 8857 Haggerty Road in Belleville, Michigan (48111), is offered for sale at $825,000. Zoned M-1 Light Industrial, this property presents a unique opportunity for various industrial uses, including research and development facilities or manufacturing plants. The site allows for the construction of a building up to 79,000 square feet. Its strategic location provides unparalleled access to major transportation arteries. Less than one mile from the I-275 and Ecorse Road interchange, and 1.5 miles from the I-94 and Haggerty Road interchange, this location ensures efficient logistics and distribution. Within a 30-minute radius lie several major cities including Detroit, Ann Arbor, Dearborn, Wayne, Livonia, Plymouth, Novi, Farmington Hills, and Southfield, as well as Detroit Metro Airport and Willow Run Airport. The property's proximity to the planned Detroit-Ann Arbor Mobility Corridor (2 miles) and the American Center for Mobility (7 miles) makes it particularly attractive for companies involved in autonomous vehicle and battery technology development. Furthermore, the site benefits from its adjacency to numerous Fortune 500 companies such as FedEx, Coca-Cola, O'Riley, Denso, Visteon, JPMorgan, and General Electric. All utilities are available on-site. This is a prime opportunity to acquire a well-located, sizable industrial land parcel in a thriving area.

    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
    Van Buren Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4436
    Latitude
    42.2397
    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
    $7,378
    $0.00
    $0.00
    $148,800
    -
    $0.00
    $0.00
    $297,600

    Comparable in this City

    • Value Estimation by Request
      5.30 Acres

      6615 Haggerty Rd

      INDUSTRIAL - VACANT LAND • 5.30 Acres
      6615 Haggerty Rd, Van Buren Township, MI 48111-1157
      View Details
    • Value Estimation by Request
      0.91 Acres

      Haggerty Rd

      INDUSTRIAL - VACANT LAND • 0.91 Acres
      Haggerty Rd, Van Buren Township, MI 48111
      View Details
    • Value Estimation by Request
      1.33 Acres

      5809 Sheldon Rd

      INDUSTRIAL - VACANT LAND • 1.33 Acres
      5809 Sheldon Rd, Van Buren Township, MI 48111-1141
      View Details
    • Value Estimation by Request
      0.31 Acres

      385 Sumpter Rd

      INDUSTRIAL - VACANT LAND • 0.31 Acres
      385 Sumpter Rd, Van Buren Township, MI 48111-2932
      View Details
    • Value Estimation by Request
      5.49 Acres

      Van Born Rd

      INDUSTRIAL - VACANT LAND • 5.49 Acres
      Van Born Rd, Van Buren Township, MI 48111
      View Details
    • Value Estimation by Request
      8.62 Acres

      Willow Rd

      INDUSTRIAL - VACANT LAND • 8.62 Acres
      Willow Rd, Belleville, MI 48111
      View Details

    Similar Nearby for Sale

    • $250,000
      1.19 Acres

      Belleville Industrial Zoned Land

      Industrial zoned land suitable for small business or investment.
      8735 Rawsonville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing

      Vacant Land Parcel in Belleville

      1.82 acre vacant land parcel near downtown Belleville, Michigan.
      000 Savage Rd, Belleville, MI 48111
      View Details
    • $250,000
      630 SF

      Industrial Zoned Land For Sale

      Industrial zoned land suitable for small business or investment.
      Unknown, Belleville, MI 48111
      View Details
    • $750,000

      Industrial Land Near Willow Run

      Light industrial land close to Willow Run Airport.
      0000 Beck Rd, Belleville, MI 48111
      View Details
    • $70,000
      0.84 Acres

      Wooded Residential Lot Available

      Vacant 0.84 acre wooded land for residential development.
      49570 Bog Rd, Van Buren Twp, MI 48111
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Build-to-Suit Lease Opportunity

      Available for lease: 100,000 - 1,000,000 SF build-to-suit.
      Ecorse Rd, Van Buren Township, MI 48111
      View Details
    • Contact for pricing
      2,400 SF

      Retail Property Near I-94

      Retail space with easy access to major freeways and amenities.
      2095 Rawsonville Rd, Van Buren Twp, MI 48111
      View Details
    • New
      $5,000 /Mo
      7,520 SF

      Industrial Space Available For Lease

      6000 SF industrial space ready for a new tenant.
      41241 East Huron River Dr, 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
    • $2,800 /Mo
      2,302 SF

      Downtown Belleville Commercial Space Available

      Two-story commercial property in a vibrant, high-visibility Belleville location.
      369 Main St, Belleville, MI 48111
      View Details
    View Listing
    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.
    8857 Haggerty 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
    8857 Haggerty 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!