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    27925 Northline Rd Romulus, MI 48174

    Sponsored
    For Sale
    $250,000

    2.7-acre I-1 zoned lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.7-acre commercial property, located at 27925 Northline Road in Romulus, Michigan, presents a compelling investment opportunity. Zoned Light Industrial (I-1), this largely cleared and flat site boasts main road frontage, offering excellent visibility and accessibility. The property's dimensions are approximately 260 feet by 454 feet, providing ample space for various industrial uses. Its strategic location offers significant advantages, with close proximity to the Detroit Metropolitan Airport and major freeways, ensuring convenient transportation links. The asking price is $250,000, translating to a land value of $92,592 per acre. The property's APN is 80-097-01-0024-002. This prime location in Wayne County, Michigan (zip code 48174), combined with its favorable zoning and convenient access to key transportation arteries, makes it an attractive prospect for developers and businesses seeking a strategic foothold in the region. The property is ready for immediate development, offering a unique chance to capitalize on the area's robust industrial sector. Don't miss this chance to acquire this well-positioned industrial land parcel.

    Property Features for 27925 Northline Rd

    General Information

    Property type
    Distribution properties
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial land parcel for sale.
    • Light Industrial (I‑1) zoning.
    • Main road frontage provides excellent visibility and accessibility.
    • Conveniently located near Detroit Metropolitan Airport and major freeways.
    • Mostly cleared and level site.
    • Approximately 260' x 454' lot dimensions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.310122
    Latitude
    42.209484

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    FAQs

    What type of property is this?
    Distribution property - 2.7-acre I-1 zoned lot, ideal for development.
    Where is this distribution property located?
    The property is located at 27925 Northline Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 2.7-acre commercial land parcel for sale.; Light Industrial (I-1) zoning.; Main road frontage provides excellent visibility and accessibility.
    Request Owner's contact information
    27925 Northline 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
    27925 Northline Rd Romulus, MI 48174
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