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    Brandt St Romulus, MI 48174

    Sponsored
    For Sale
    $220,000

    2.2-Acre M-1 Zoned Lot Near I-94

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.2-acre parcel presents a prime development opportunity in Romulus, Michigan. Located in the Airport District, this property boasts convenient access to I-94 and Detroit Metro Airport, offering unparalleled connectivity. The land is zoned M-1 for light industrial use, making it ideal for a variety of commercial and industrial projects. The asking price is $220,000, translating to $100,136.55 per acre. Utilities are readily available on-site, including sewer, water, and gas, simplifying development plans. The property's APN is 80-007-02-0019-002. This strategic location, combined with its versatile zoning and readily accessible utilities, makes this a highly attractive investment for businesses seeking a strong foothold in a thriving area. The property is situated on Brandt Street in Wayne County, Michigan, zip code 48174, offering easy access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a well-positioned industrial lot in a high-demand location. Don't miss out on this chance to build your business in a prime location.

    Property Features for 0 Brandt St

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre parcel available in Romulus, MI's Airport District.
    • M‑1 (Light Industrial) zoning.
    • On‑site sewer, water, and gas utilities.
    • Excellent access to I‑94 and Detroit Metro Airport.
    • $220,000 asking price ($100,136.55/acre).
    • Airport District location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.336169
    Latitude
    42.1884363

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    FAQs

    What type of property is this?
    Land - 2.2-Acre M-1 Zoned Lot Near I-94
    Where is this land located?
    The property is located at Brandt St Romulus, MI.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 2.2-acre parcel available in Romulus, MI's Airport District.; M-1 (Light Industrial) zoning.; On-site sewer, water, and gas utilities.
    Request Owner's contact information
    Brandt St Romulus, MI 48174
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    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
    Brandt St Romulus, MI 48174
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