Property profile

0 Harrison Rd Romulus, MI 48174

OFF-MARKET
Land
8.94 ac lot
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Property summary

AI-generated overview

This exceptional 8.94-acre parcel of land, located in Romulus, Michigan, presents a unique investment opportunity. Situated in Wayne County, with a convenient address on Harrison Rd, zip code 48174, this property boasts a Light Industrial zoning designation, making it ideal for a variety of commercial uses. The asking price is $500,000, translating to approximately $55,928 per acre. The lot's dimensions measure approximately 285 feet by 1365 feet (site dimensions are approximate). Its strategic location offers easy and quick access to I-94, providing seamless connectivity to major transportation routes. Furthermore, its proximity to the Detroit Metropolitan Airport significantly enhances its logistical advantages. The property's APN is # 80-093-99-0003-000. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving area. Don't miss out on this chance to secure a prime piece of real estate with excellent potential for future development and growth. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 8.94 ac (389,426 SF)

Cap rate & NOI

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

Location

Harrison 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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