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    OFF-MARKET
    Land

    0 Pennsylvania Rd, Romulus, MI 48174

    9.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.5-acre industrial land parcel presents a prime development opportunity in Romulus, Michigan. Strategically located in the Airport District, this property boasts convenient access to the Detroit Metro Airport and the recently constructed Amazon facility, offering significant advantages for logistics and distribution businesses. The land is zoned M-2, General Industrial, allowing for a wide range of potential uses. Utilities are readily available on-site, including water and gas, simplifying development plans. The property's APN is 80-131-99-0011-000. With a total asking price of $715,000, this translates to an attractive price per acre of $75,263. This represents a compelling investment in a high-growth area with strong infrastructure and proximity to major transportation hubs. The expansive lot size provides ample space for various development projects, making it an ideal choice for businesses seeking to establish a significant presence in the thriving Detroit Metro area. Wayne County location and 48174 zip code ensure easy access to a skilled workforce and established supply chains. Don't miss this chance to acquire a highly desirable industrial land parcel in a rapidly developing region.

    Property profile
    Verified
    Property type Land
    Lot 9.5 ac (413,820 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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