Property profile

0 Ecorse Rd Romulus, MI 48174

OFF-MARKET
Land
77.17 ac lot
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Property summary

AI-generated overview

This exceptional 77.17-acre commercial land parcel presents a remarkable investment opportunity in Romulus, Michigan. Located on Ecorse Road in Wayne County, this expansive property boasts convenient access to major freeways and the airport, making it an ideal site for various development projects. The land is zoned R1-A and C-2, offering flexibility for a range of uses. On-site sanitary sewer and water infrastructure are already in place, significantly reducing development costs and timelines. The asking price is $4,000,000, translating to $51,833.61 per acre. With its substantial size, strategic location, and existing utilities, this property is poised for significant appreciation and offers substantial potential for future returns. The property's APN is 80-011-99-000-6704. This large tract is ready for immediate development, presenting a unique chance to capitalize on the robust growth potential of the Romulus area. The property's location in the 48174 zip code provides easy access to a thriving regional economy and a strong transportation network. Don't miss this opportunity to acquire a significant land holding in a prime location.

Property profile

Verified
Property type Land
Lot 77.17 ac (3,361,525 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ecorse Rd Romulus, MI 48174
Romulus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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