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    Eureka At Colbert Romulus, MI 48174

    • Land
    • 0.50 lot acres
    For Sale
    View listing
    $149,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Eureka At Colbert

    Lot size
    0.50 lot acres
    Property type
    Land

    Description

    This exceptional 0.5-acre commercial land parcel, located at Eureka at Colbert in Romulus, Michigan (APN: 08-138-01-0126-301), presents a unique development opportunity. Zoned C-2, this property boasts 150 feet of frontage on Eureka Road, ensuring excellent visibility and accessibility. Its strategic location across from Detroit Metro Airport makes it ideal for a variety of commercial ventures. Permitted uses include restaurants, financial institutions, and office spaces, including medical and dental practices. The site offers the convenience of utilities either on-site or readily available nearby. This is a rare chance to acquire a highly visible and versatile property in a thriving area with strong potential for growth and return on investment. The property's address is Eureka at Colbert, Romulus, MI 48174, situated in Wayne County. Cross streets are Eureka Road West of Middlebelt. The asking price for this exceptional opportunity is $149,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3403
    Latitude
    42.1952

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    Eureka At Colbert
    Romulus, MI 48174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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