00 Middlebelt Rd Romulus, MI 48174
- Industrial properties
- 100 SF
- 40.26 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 00 Middlebelt Rd
- Lot size
- 40.26 lot acres
- Property size
- 100 SF
- Property type
- Industrial properties
Description
This exceptional 40.26-acre industrial property in Romulus, Michigan, presents a remarkable investment opportunity. Located on a hard corner at the intersection of Middlebelt and Pennsylvania Roads, this site boasts over 1300 feet of combined road frontage, ensuring unparalleled visibility and accessibility. Its strategic location, just one mile from Eureka Road, provides convenient access to major transportation arteries. The property currently holds an R1A zoning designation, but preliminary site plans have already been developed for a mixed-use development. These plans envision approximately 38 acres dedicated to multi-family residential units (apartments or condos), while the remaining 15 acres, situated at the prominent corner, are designated for commercial use. This could include restaurants and a retail strip center, offering a diverse range of development possibilities. The property's infrastructure is further enhanced by the availability of water and sewer services directly at the street. The existing 100 square foot building is a minor component of the overall offering, with the vast majority of the value residing in the expansive land parcel. This is a rare opportunity to acquire a large, strategically located parcel with significant development potential in a rapidly growing area. The property's size, location, and zoning flexibility make it ideal for a variety of large-scale projects. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3286
- Latitude
- 42.2678
