42.251794 -83.386105 Romulus, MI 48174
Prime 3.94-acre commercial lot
Property Features for 0 42.251794 -83.386105
General Information
- Property type
- Land
- Lot Size
- 171,626 SF
Listing Agency: The Jonna Group at Colliers International Listing Agent: Simon Jonna
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 3.94-acre commercial land parcel in Romulus, MI, presents a significant development opportunity. Located at the hard corner of Ecorse Road and Wayne Road, it boasts 442 feet of frontage on Ecorse Road and 287 feet on Wayne Road, ensuring high visibility and accessibility. With a daily traffic count of 6,464 vehicles on Ecorse Road and 12,388 vehicles on Wayne Road, this location offers exceptional exposure. Currently zoned C-1 for local business, the property's zoning may allow for alternative uses. The site benefits from its proximity to major highways I-275 and I-94, the Detroit Metropolitan Wayne County Airport, the GM Romulus Powertrain Plant, and two Amazon fulfillment centers. The surrounding area demonstrates strong demographics, including over 229,000 people, 5,766 businesses, and an average income of $77,000 within a 5-mile radius. Numerous national retailers are also nearby. The asking price is $599,000, representing a compelling investment opportunity in a thriving commercial area. The City of Romulus actively supports entrepreneurial growth and economic development, further enhancing the property's potential. This fee simple ownership offers significant upside for developers seeking a strategic location with high visibility and strong market fundamentals. The property is located in Wayne County, MI, zip code 48174.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3966271
- Latitude
- 42.22225
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FAQs
What type of property is this?
Land - Prime 3.94-acre commercial lot
Where is this land located?
The property is located at 42.251794 -83.386105 Romulus, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3.94-acre commercial land parcel in Romulus, MI, at the hard corner of Ecorse Road and Wayne Road.; High visibility with 442 ft of frontage on Ecorse Road (6,464 VPD) and 287 ft on Wayne Road (12,388 VPD).; C-1 zoning, with potential for rezoning. Low holding costs during development.