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    Taylor MI Northline Rd & Inkster Rd Romulus, MI 48180

    Sponsored
    For Sale
    $4,500,000

    Prime Industrial Land, Excellent Location, $4.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38-acre parcel of land, located at the intersection of Northline Road and Inkster Road in Taylor, Michigan (zip code 48180), presents a unique investment opportunity. Zoned for Light Industrial use, this property offers significant potential for various commercial developments. The land boasts convenient main road frontage, providing excellent visibility and accessibility. Its strategic location offers easy access to major freeways and is just minutes away from the Detroit Metropolitan Airport, ensuring seamless transportation and logistics. Utilities are readily available on-site, simplifying the development process. The asking price for this expansive property is $4,500,000, translating to a price per acre of $100,000. The property's Assessed Parcel Numbers (APNs) are 60-051-99-0001-002

    Property Features for Taylor MI Northline Rd & Inkster Rd

    General Information

    Property type
    Land
    Lot Size
    1,655,280 SF

    HighLights

    • 38‑acre land parcel for sale.
    • Light Industrial zoning.
    • Main road frontage provides excellent visibility and accessibility.
    • Minutes from Detroit Metropolitan Airport.
    • Excellent freeway access.
    • Utilities readily available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2695396
    Latitude
    42.2120167

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Excellent Location, $4.5M
    Where is this land located?
    The property is located at Taylor MI Northline Rd & Inkster Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 38-acre land parcel for sale.; Light Industrial zoning.; Main road frontage provides excellent visibility and accessibility.
    (248) 226-1814
    Request Owner's contact information
    Taylor MI Northline Rd & Inkster Rd Romulus, MI 48180
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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
    Taylor MI Northline Rd & Inkster Rd Romulus, MI 48180
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