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    12124 Inkster Rd Romulus, MI 48174

    Sponsored
    For Sale
    $1,250,000

    Prime 25-acre industrial site in Romulus, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25-acre parcel, located at 12124 Inkster Road in Romulus, Michigan, presents a significant opportunity for industrial development. Zoned Light Industrial (I-1), this property offers substantial potential for a variety of uses. The land boasts main road frontage and convenient access to major freeways and the Detroit Metropolitan Airport, making it an ideal location for businesses requiring efficient transportation links. The site dimensions are approximately 810 feet by 1345 feet. The asking price is $1,250,000, representing a land value of $50,000 per acre. The property's Wayne County location, with a zip code of 48174, provides access to a skilled workforce and established infrastructure. This is a rare opportunity to acquire a large, strategically located industrial land parcel in a thriving area. The APN is 80-096-99-0035-000. Don't miss this chance to secure a prime piece of Michigan real estate for your next industrial venture.

    Property Features for 12124 Inkster Rd

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF

    HighLights

    • 25‑acre land parcel available for sale.
    • Light Industrial (I‑1) zoning.
    • Excellent location near Detroit Metropolitan Airport and major freeways.
    • Significant main road frontage.
    • Approximately 810' x 1,345' site dimensions.
    • Asking price: $1,250,000 ($50,000 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Wholesale Shop Hotel & Motel Discount Store Electronics Store Pawn Shop Travel Agency Tech Support Center Cosmetics Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.309675
    Latitude
    42.216185

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    FAQs

    What type of property is this?
    Land - Prime 25-acre industrial site in Romulus, MI.
    Where is this land located?
    The property is located at 12124 Inkster Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 25-acre land parcel available for sale.; Light Industrial (I-1) zoning.; Excellent location near Detroit Metropolitan Airport and major freeways.
    Request Owner's contact information
    12124 Inkster Rd 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
    12124 Inkster Rd Romulus, MI 48174
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