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    Wayne Rd Romulus, MI 48174

    Under Contract
    For Sale
    Contact for pricing

    Vacant Land - Romulus, MI

    Lot size:
    0.12 Acres
    Days on Market:
    336
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for Wayne Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Commercial
    APN
    80020020016000
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

    M77 LLC (248) 649-7200 [email protected]

    Listing agent Calvin K Koch (248) 649-7200

    Listing date Jan 12, 2025

    MLS# 20240067287 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Wayne Road

    This 0.12-acre vacant land is zoned for commercial use and situated directly on Wayne Road. The property benefits from high traffic and offers 40 feet of frontage on Wayne Road, providing excellent visibility and accessibility. This location presents an opportunity for establishing a new business or expanding an existing one in a high-traffic commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -85.6023643
    Latitude
    44.3148443

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    FAQs

    What type of property is this?
    Commercial land - 0.12-acre commercial land with high visibility on Wayne Rd.
    Where is this commercial land located?
    The property is located at Wayne Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - Directly on high-traffic Wayne Rd.; - Zoned for commercial use.; - Excellent visibility.
    (248) 649-7200
    Request Owner's contact information
    Wayne Rd Romulus, MI 48174
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    Realmo Value Estimation

    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.

    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.

    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
    Wayne Rd Romulus, MI 48174
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