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    Vacant Grant Romulus, MI 48174

    For Sale
    $59,500

    1.8-acre industrial lot, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.8-acre parcel of land presents a remarkable opportunity for industrial development. Located in Romulus, Michigan, within Wayne County, this property boasts a prime location with convenient access to paved streets. The address is Vacant Grant, zip code 48174, and the property is identified by APN 80079990015002. Currently zoned for Light Industrial (302), this site is ready for immediate development. The asking price is $59,500. The land is privately owned and is not a short sale. Its strategic position, just west of 36425 Grant and east of 36535 Grant, offers excellent visibility and accessibility. This almost two-acre lot represents a significant opportunity for businesses seeking to establish a presence in a thriving industrial area. The property's zoning and size make it suitable for a variety of industrial uses, providing investors with considerable flexibility and potential for high returns. Don't miss this chance to acquire a valuable piece of industrial real estate in a rapidly growing market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Vacant Grant

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • $59,500 asking price for 1.8 acres of land.
    • Light Industrial zoning.
    • Located in Romulus, MI (Wayne County), APN 80079990015002.
    • Privately owned.
    • Paved street access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.394149
    Latitude
    42.2158956

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    FAQs

    What type of property is this?
    Land - 1.8-acre industrial lot, prime development opportunity.
    Where is this land located?
    The property is located at Vacant Grant Romulus, MI.
    What is the asking price?
    The asking price for this property is $59,500.
    What are key features of this property?
    This property features: $59,500 asking price for 1.8 acres of land.; Light Industrial zoning.; Located in Romulus, MI (Wayne County), APN 80079990015002.
    Request Owner's contact information
    Vacant Grant 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
    Vacant Grant Romulus, MI 48174
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