Property profile

32870 Wick Rd Romulus, MI 48174

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property, located at 32870 Wick Rd in Romulus, Michigan, presents a unique opportunity for retail development. Situated in Wayne County, this offering encompasses between one and five acres of land, ideal for a variety of retail ventures. The property is designated as having multiple tenancy potential, allowing for flexibility in development and tenant mix. The address is conveniently located at 32870 Wick Rd, Romulus, MI 48174, providing excellent accessibility and visibility. With four spaces available, this site offers ample room for expansion and growth. The property type is classified as both retail and land, providing a blank canvas for a customized retail development. This prime location in Romulus, within Wayne County, offers significant potential for businesses seeking to establish a strong presence in a thriving market. The total building square footage is currently zero, indicating a development opportunity from the ground up. This presents a chance to create a modern, efficient, and attractive retail space tailored to specific needs. The flexibility in lot size, ranging from one to five acres, allows for scalability and adaptability to various project scopes. This is an exceptional opportunity to acquire a strategically located retail land parcel in a high-growth area. Interested parties are encouraged to explore the potential of this remarkable property.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

32870 Wick 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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