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    7.74 Acres On Pennsylvania Rd Romulus, MI 48164

    • Land
    • 7.74 lot acres
    For Sale
    View listing
    $375,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 7.74 Acres On Pennsylvania Rd

    Lot size
    7.74 lot acres
    Property type
    Land

    Description

    This exceptional 7.74-acre commercial land parcel in Romulus, Michigan, presents a significant opportunity for industrial development. Located in Wayne County, with the address of 7.74 Acres on Pennsylvania Road, and a zip code of 48164, this property boasts I-2 Heavy Industrial zoning, allowing for a wide range of uses including manufacturing, assembly, and fabrication. The expansive lot offers ample space for the development of a truck terminal or outdoor storage yard. The property features approximately 1710 feet of direct frontage along Commerce Drive, providing excellent accessibility. Strategically situated approximately 3 miles southwest of Detroit International Airport and approximately 2.1 miles west of I-275, this location offers convenient access to the entire regional expressway system. A key advantage is its adjacency to New Boston Rail Service, enhancing logistical capabilities. The property's APN is 75-017-02-0024-000. Offered at $375,000, this property represents a compelling investment in a thriving industrial area. Don't miss this chance to acquire a substantial land holding with significant development potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3932
    Latitude
    42.1799

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    7.74 Acres On Pennsylvania Rd
    Romulus, MI 48164
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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
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