Property profile

Development Wayne Rd And Ecorse Rd Romulus, MI 48174

OFF-MARKET
Land
8.1 ac lot
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Property summary

AI-generated overview

This exceptional 8.1-acre commercial land parcel presents a remarkable redevelopment opportunity in Romulus, Michigan. Situated at the intersection of Wayne Road and Ecorse Road, this property boasts convenient access to major transportation arteries, including I-94 and I-275, significantly reducing commute times and enhancing logistical efficiency. Its strategic location places it within minutes of the Detroit Metropolitan Airport, a key advantage for businesses requiring proximity to air travel. The property is zoned R1A/C1, offering flexibility for a variety of commercial uses. All essential utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. Furthermore, the site benefits from its proximity to established residential areas, providing a built-in customer base and contributing to a thriving local economy. This prime location, combined with its generous size and versatile zoning, makes this an ideal investment for developers seeking a high-impact project in a rapidly growing area of Metro Detroit. The property's accessibility and proximity to key infrastructure make it a compelling opportunity for a wide range of commercial ventures. Detailed zoning information and utility specifications are available upon request. Don't miss this chance to acquire a significant piece of land in a highly desirable location.

Property profile

Verified
Property type Land
Lot 8.1 ac (352,836 SF)

Cap rate & NOI

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

Location

Development Wayne Rd And 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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