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    Burton St Romulus, MI 48174

    Sponsored
    For Sale
    $146,400

    Prime Residential Land near Detroit Metro Airport.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.76-acre parcel of land presents a unique opportunity for residential development. Located in Romulus, Michigan, within Wayne County, this property boasts a convenient location near Detroit Metro Airport, offering easy access to major transportation routes. The property's address is Burton Street, zip code 48174, and its precise coordinates are 42.1857021 latitude and -83.3305332 longitude. The land is zoned R-1A, providing flexibility for various residential projects. The asking price for this expansive lot is $146,400, translating to a price per acre of $15,000. The Assessor's Parcel Number (APN) is 80140990004000. Its proximity to schools and shopping centers adds significant value, making it an attractive proposition for builders and investors alike. This is a rare opportunity to acquire a substantial residential land holding in a desirable location with excellent access to amenities and transportation. Don't miss out on this chance to build your dream project or develop a thriving residential community. Serious inquiries only.

    Property Features for 0 Burton St

    General Information

    Property type
    Land
    Lot Size
    425,146 SF

    HighLights

    • 9.76 acres of land available for sale.
    • Zoned R‑1A.
    • Residential development site near Detroit Metro Airport.
    • Convenient location near schools and shopping.
    • Priced at $146,400 ($15,000 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3305332
    Latitude
    42.1857021

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    FAQs

    What type of property is this?
    Land - Prime Residential Land near Detroit Metro Airport.
    Where is this land located?
    The property is located at Burton St Romulus, MI.
    What is the asking price?
    The asking price for this property is $146,400.
    What are key features of this property?
    This property features: 9.76 acres of land available for sale.; Zoned R-1A.; Residential development site near Detroit Metro Airport.
    (248) 799-3143
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    Burton St 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
    Burton St Romulus, MI 48174
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