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    Sec Of Ecorse & Cogswell Romulus, MI 48174

    Sponsored
    For Sale
    $595,000

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 7.76-acre commercial land parcel presents a remarkable investment opportunity in Romulus, Michigan. Located at the southeast corner of Ecorse and Cogswell Roads in Wayne County, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is zoned for commercial use, offering a wide range of development possibilities for businesses seeking a strategic presence in a high-traffic area. The property's substantial size allows for flexibility in development plans, with the potential for division into smaller parcels to accommodate multiple tenants or projects. Its strategic placement on a heavily traveled truck route ensures significant exposure to a large volume of daily traffic, making it ideal for businesses that rely on high visibility and convenient access for customers and deliveries. The asking price for this prime commercial land is $595,000. Given its size, location, and zoning, this property represents a rare opportunity to acquire a significant commercial land holding in a thriving Michigan market. The 48174 zip code offers easy access to major transportation arteries, further enhancing its appeal to a wide range of potential developers and businesses. Serious inquiries are encouraged to explore the full potential of this exceptional investment.

    Property Features for 0 Sec Of Ecorse & Cogswell

    General Information

    Property type
    Land
    Lot Size
    338,026 SF

    HighLights

    • 7.76‑acre commercially zoned land parcel in Romulus, MI.
    • Divisible into smaller parcels.
    • High traffic counts due to location on a heavily traveled truck route.
    • Excellent visibility and accessibility at Ecorse and Cogswell Roads intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4159691
    Latitude
    42.2516351

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at Sec Of Ecorse & Cogswell Romulus, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 7.76-acre commercially zoned land parcel in Romulus, MI.; Divisible into smaller parcels.; High traffic counts due to location on a heavily traveled truck route.
    (586) 871-5155
    Request Owner's contact information
    Sec Of Ecorse & Cogswell 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
    Sec Of Ecorse & Cogswell Romulus, MI 48174
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