Wayne Rd Romulus, MI 48174
- Land
- 0.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 Wayne Rd
- Lot size
- 0.64 lot acres
- Property type
- Land
Description
This exceptional 0.64-acre commercial land parcel presents a unique investment opportunity in the thriving Romulus, Michigan market. Strategically located just south of I-94 and in close proximity to the Detroit Metropolitan Airport, this property boasts unparalleled accessibility and visibility. Zoned CBD-1, this lot offers significant development potential for a wide range of commercial ventures. The asking price is $99,840, translating to a land value of $156,000 per acre, reflecting the high demand for commercial real estate in this area. The property is situated at Wayne Road, Lot #: 23a1, in Wayne County, Michigan, zip code 48174 (42.2318301, -83.3857555). Its advantageous location is further enhanced by its adjacency to a newly established Concentra Urgent Care facility, indicating a growing and vibrant commercial landscape. This vacant land presents a compelling opportunity for investors seeking high-return potential in a prime location with excellent infrastructure and convenient access to major transportation arteries. The CBD-1 zoning allows for a variety of commercial uses, making this a versatile and attractive investment. Don't miss this chance to acquire a piece of Romulus's burgeoning commercial sector.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3858
- Latitude
- 42.2318