Listing Agency: NAI Farbman Southfield

Listed By: John Harwood · License #MI 6502136733 Show Phone

Source: Crexi

Added: Apr 16, 2019 Changed: Aug 31 Last Checked: Sep 4 at 5:48AM

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Investment Insights

Based on property information with market context.

This property features 5 acres of industrial land available for sale in Romulus, Michigan.

Key Highlights

• 5 Acres of Land
• For Sale
• Located in Romulus

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service Bakery Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

191

Businesses Nearby

Explore this area Business Placement

Demographics for 48174, MI

33,683

Population

13,124

Households

2.6

Avg Household Size

38

Median Age

17%

College-Educated

89%

High-School Grad

40.8 sq mi

ZIP Area

826

Density / Sq Mi

$65,675

Median Household Income

$41,186

Median Earnings

$1,053

Median Rent

$151,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 5 Acres of industrial land available for purchase in Romulus.

Where is this industrial land located?

The property is located at 28684 Beverly Romulus, MI.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 5 Acres of Land; For Sale; Located in Romulus