Retail Space
1547 Middlebelt Road Inkster, MI 48141
Details & Description
Price: $225,000
    Value-Add Investment OpportunityAsking Price: $225,000 (12.7% Cap)Excellent frontage on Middlebelt RoadEmpty corner lot included in saleTraffic Counts 31,000 cars daily along Michigan Ave at Central Dr NWBrand new 6-year and 4-year lease in place
    Listing Agents
    James LaHood
    Friedman Real Estate
    O: 248-324-2000
    james.lahood@freg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1547 Middlebelt Road

    Inkster, MI 48141

    Listing ID: 225356
    1547 Middlebelt Road Inkster, MI 48141 | for Sale | Photo 1
    Building Size: 3,600 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $62.50
    Land $/SF:
    Price
    $225,000
    Description

    Value-Add Investment Opportunity

    Asking Price: $225,000 (12.7% Cap)

    Excellent frontage on Middlebelt Road

    Empty corner lot included in sale

    Traffic Counts 31,000 cars daily along Michigan Ave at Central Dr NW

    Brand new 6-year and 4-year lease in place

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Detroit History of Retail Space for Sale

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    Inkster Area Market Trends

    Listing Demographics for 1547 Middlebelt Road Inkster, MI 48141

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,596113,739274,120
    Population Median Age353839
    Population by Age0-9 Yrs2058 (17%)15477 (13%)36062 (13%)
    10-19 Yrs1486 (12%)14388 (12%)33361 (12%)
    20-29 Yrs1884 (16%)16328 (14%)37760 (13%)
    30-39 Yrs1292 (11%)13900 (12%)34978 (12%)
    40-49 Yrs1512 (13%)14486 (12%)34076 (12%)
    50-59 Yrs1337 (11%)15663 (13%)37879 (13%)
    60-69 Yrs1254 (10%)12566 (11%)32014 (11%)
    70+ Yrs774 (6%)10930 (9%)27990 (10%)
    Median HH Income$39,760$50,088$53,155
    Total Household Income< 24K1401 (33%)10129 (23%)23806 (22%)
    25-49K1126 (26%)11625 (26%)27106 (25%)
    50-74K872 (20%)8612 (19%)21555 (19%)
    75-99K471 (11%)5693 (13%)14595 (13%)
    100-199K339 (8%)6683 (15%)18402 (17%)
    200K+19 (0%)836 (1%)2703 (2%)
    Highest Education LevelNo Diploma13631001421521
    Diploma or GED25752672862027
    Some College20531979246627
    Assoc. Degree646691417234
    Bachelors Degree535858426388
    Higher Degree261477313888
    Total Housing Units4,84747,878117,095
    --Owner-Occupied2,31828,13473,576
    --Renter-Occupied1,91115,44434,591
    Owner-Occupied Values< 100K17711363529113
    100-199K4061109635618
    200-299K5620865946
    300-399K376551419
    400-499K0263503
    500K+48399977
    Total Working Age Population8,54689,166217,200
    In Work Force5,37855,329135,269
    Not In Work Force3,16833,83781,930
    Workforce Employed4,80451,841127,054
    Workforce Unemployed5603,4548,145
    Civlian Workforce5,36455,295135,199
    Military Workforce143471
    Total Households4,22943,578108,167
    Family Households2,65327,16266,435
    Non-Family Households1,57616,41641,732
    Married Couple1,30716,31243,148
    Other Family1,34610,85023,288
    Married w/Child5656,46716,737
    Single Male w/Child161,0112,331
    Single Female w/Child5653,9628,289

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1547 Middlebelt Road in Inkster?
    The asking price for 1547 Middlebelt Road is $225,000
    What is the building size of this Retail property in Inkster, MI?
    The size of the building/unit at 1547 Middlebelt Road in Inkster is 3,600 square feet
    What kind of Retail is the propery at 1547 Middlebelt Road?
    The property at 1547 Middlebelt Road Inkster, MI 48141 is listed as a Other Retail Retail property
    What is the population within 1 mile of 1547 Middlebelt Road in Inkster?
    The population within 1 mile of 1547 Middlebelt Road Inkster, MI 48141 is 11,596 people.
    Who do I contact for questions about 1547 Middlebelt Road?
    You should contact the listing agent, James LaHood, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 6
    Toledo Express Airport (TOL) 55
    MBS International Airport (MBS) 93