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    36901 Mario Ann Ct Romulus, MI 48174

    Sponsored
    For Sale
    $33,000

    0.24-acre lot, prime Romulus location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.24-acre commercial land parcel presents a unique investment opportunity in Romulus, Michigan. Located at 36901 Mario Ann Ct, this property boasts a highly desirable location, offering convenient access to major freeways while remaining within walking distance of the downtown area. The lot is zoned for residential use, presenting versatile development potential. City water and sewer services are readily available at the street, simplifying infrastructure connections for future construction projects. The APN is 80078150023000. This property is situated in Wayne County, Michigan, with a zip code of 48174, and its coordinates are 42.2165339 latitude and -83.4013417 longitude. The asking price for this exceptional piece of land is $33,000. Its prime location and readily available utilities make it an attractive option for developers seeking a strategic foothold in a thriving community. The property's proximity to major transportation routes ensures excellent connectivity, while its walkable distance to the downtown area adds to its appeal. This is a rare opportunity to acquire a well-situated commercial lot in a highly sought-after area of Romulus.

    Property Features for 36901 Mario Ann Ct

    General Information

    Property type
    Land
    Lot Size
    10,454 SF

    HighLights

    • 0.24‑acre commercial lot in Romulus, MI, at 36901 Mario Ann Ct.
    • Highly desirable location with freeway access and walkability to downtown.
    • Zoned residential, offering versatile development potential.
    • City water and sewer available.
    • Asking price: $33,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4013417
    Latitude
    42.2165339

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    FAQs

    What type of property is this?
    Land - 0.24-acre lot, prime Romulus location.
    Where is this land located?
    The property is located at 36901 Mario Ann Ct Romulus, MI.
    What is the asking price?
    The asking price for this property is $33,000.
    What are key features of this property?
    This property features: 0.24-acre commercial lot in Romulus, MI, at 36901 Mario Ann Ct.; Highly desirable location with freeway access and walkability to downtown.; Zoned residential, offering versatile development potential.
    Request Owner's contact information
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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
    36901 Mario Ann Ct Romulus, MI 48174
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