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    6144 Kenwood St Romulus, MI 48174

    For Sale
    $160,000

    Two-acre industrial lot near DTW Airport.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-acre industrial land parcel, located at 6144 Kenwood Street in Romulus, Michigan, presents a compelling investment opportunity. Priced at $160,000, the property boasts an M1 zoning designation, providing flexibility for a variety of industrial uses. Its convenient location offers easy access to major transportation arteries, including I-94, M-24 (Telegraph Road), and I-275, placing it within a five-mile radius of the Detroit Metropolitan Airport. The property features multiple access points, enhancing operational efficiency. Several existing small pole barns are situated on the site, potentially offering immediate utility or the option for redevelopment. The land's two-acre size provides ample space for various industrial applications, making it particularly well-suited for use as a contractor's yard or similar operations. The property's address is 6144 Kenwood St, Romulus, MI 48174, within Wayne County. This prime location and versatile zoning make this a highly attractive opportunity for industrial development or expansion.

    Property Features for 6144 Kenwood St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre M‑1 zoned industrial lot available.
    • Multiple property access points.
    • Perfect for contractor yard use.
    • Includes several existing pole barns.
    • Less than 5 miles from Detroit Metro Airport.
    • Easy access to I‑94, M‑24 (Telegraph Road), and I‑275.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3376385
    Latitude
    42.2628724

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    FAQs

    What type of property is this?
    Land - Two-acre industrial lot near DTW Airport.
    Where is this land located?
    The property is located at 6144 Kenwood St Romulus, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 2-acre M-1 zoned industrial lot available.; Multiple property access points.; Perfect for contractor yard use.
    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
    6144 Kenwood St Romulus, MI 48174
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