Property profile

Belanger Park Dr River Rouge, MI 48218

OFF-MARKET
Other industrial land
Property ID
US43-0833518
0.26 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of industrial land with substantial utility and transportation infrastructure, including four electrical transformers rated at 15,000 KVA each (total 60,000 KVA), and water entitlement allowing up to 120 million gallons per day drawn from the Detroit River for processing. It includes approximately 1,500,000 square feet of existing clear-span industrial space served by five 125-ton overhead cranes. The site provides about 26 miles of rail infrastructure with access to three Class 1 rail carriers through Transtar’s Delray Connecting Railroad. Conceptual redevelopment plans have been prepared indicating potential expansion up to approximately 2,300,000 square feet of modern industrial space.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.26 ac (11,326 SF)
APN 50 002 99 0001 701
UPID US43-0833518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Belanger Park Dr River Rouge, MI 48218
River Rouge metro Census 985600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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