0 Sec Ecorse & Hannan, Romulus, MI 48184
This exceptional commercial land parcel, located at the southeast corner of Ecorse and Hannan Roads in Romulus, MI (zip code 48184), presents a unique investment opportunity. The property is zoned C3, Highway Business, and offers a "pad ready" site capable of accommodating a 2,400 square foot building, along with the potential for up to 16,000 square feet of in-line retail space, including a drive-thru end-cap. A drive-up ATM is already approved. This prime location boasts excellent visibility and accessibility, situated less than half a mile from I-275, a major thoroughfare. The site benefits from a signalized hard corner, ensuring high traffic exposure. The surrounding area is experiencing significant growth, with a new 850,000 square foot Amazon distribution center nearby and the upcoming Our Next Energy (ONE) Battery Cell Plant, projected to create over 2,000 new jobs in 2023. This development will further enhance the area's economic vitality and increase the daytime population within a 5-mile radius to approximately 50,000. The property's proximity to established businesses such as a busy gas station/convenience store, Tim Hortons, and Tubby's, creates a synergistic environment for new retail ventures. The asking price for this exceptional opportunity is $595,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.