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    Pennsylvania Rd Romulus, MI 48174

    Sponsored
    For Sale
    $400,000

    Prime 27.65-acre commercial land in Romulus, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27.65-acre parcel of land presents a unique investment opportunity in Romulus, Michigan. Located on Pennsylvania Road, the property is zoned Single Family Residential (R-1A), offering considerable development potential. The asking price is $400,000, translating to $14,467 per acre. The property's APN is 80-140-99-0003. Utilities are reported to be available at Pennsylvania Road

    Property Features for 0 Pennsylvania Rd

    General Information

    Property type
    Land
    Lot Size
    1,204,434 SF

    HighLights

    • 27.65 acres total land area.
    • Single‑family residential (R‑1A) zoning.
    • Utilities available at Pennsylvania Road (buyer verification recommended).
    • Entire site offered; no partial sales.
    • Excellent location near existing single‑family and condo developments.
    • Mostly cleared and level front parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3441251
    Latitude
    42.1806453

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    FAQs

    What type of property is this?
    Land - Prime 27.65-acre commercial land in Romulus, MI.
    Where is this land located?
    The property is located at Pennsylvania Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 27.65 acres total land area.; Single-family residential (R-1A) zoning.; Utilities available at Pennsylvania Road (buyer verification recommended).
    (248) 226-1814
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    Pennsylvania 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
    Pennsylvania Rd Romulus, MI 48174
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