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    OFF-MARKET
    Land

    0 Sec Of Ecorse & Cogswell, Romulus, MI 48174

    7.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.76-acre commercial land parcel presents a remarkable investment opportunity in Romulus, Michigan. Located at the southeast corner of Ecorse and Cogswell Roads in Wayne County, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is zoned for commercial use, offering a wide range of development possibilities for businesses seeking a strategic presence in a high-traffic area. The property's substantial size allows for flexibility in development plans, with the potential for division into smaller parcels to accommodate multiple tenants or projects. Its strategic placement on a heavily traveled truck route ensures significant exposure to a large volume of daily traffic, making it ideal for businesses that rely on high visibility and convenient access for customers and deliveries. The asking price for this prime commercial land is $595,000. Given its size, location, and zoning, this property represents a rare opportunity to acquire a significant commercial land holding in a thriving Michigan market. The 48174 zip code offers easy access to major transportation arteries, further enhancing its appeal to a wide range of potential developers and businesses. Serious inquiries are encouraged to explore the full potential of this exceptional investment.

    Property profile
    Verified
    Property type Land
    Lot 7.76 ac (338,026 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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