Property summary
This exceptional 0.52-acre commercial land parcel presents a unique investment opportunity in Romulus, Michigan. Located in Wayne County, this property boasts a desirable location with convenient access to major roadways. The lot features 70 feet of frontage and an impressive 325 feet of depth, providing ample space for a variety of development projects. Currently zoned for residential use, this versatile property offers significant potential for future development. The asking price is $25,000, translating to a price per acre of $48,076.92. The property's APN is 80015990025000. Its generous dimensions allow for substantial building space and maneuverability during construction. An adjacent lot is also available for purchase, presenting an opportunity to acquire a larger contiguous parcel for a more extensive development project. This prime location in Romulus, with its convenient access and zoning potential, makes this an attractive proposition for discerning investors seeking a valuable land asset in a growing area. The property is situated at Vinewood 2, Romulus, MI 48174.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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