Property profile

Metroplex Romulus, MI 48174

OFF-MARKET
Industrial land
Property ID
US43-3106735
0.91 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.91 ac (39,640 SF)
Zoning code M1-LIG
APN 80 008 01 0011 000
UPID US43-3106735

Cap rate & NOI

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

Location

Metroplex Romulus, MI 48174
Romulus metro Census 585500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2024
Last sale
$85,000
4 recorded transactions
2024
$85,000
2023
$60,000
2019
$60,000
2010
Price N/A

Zoning & alternative use

M1-LIG · Romulus, MI

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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