0 Merriman Rd, Romulus, MI 48174
This exceptional 20-acre parcel, located on Merriman Road in Romulus, Michigan, presents a remarkable opportunity for residential development. The property, identified by APN 80-139-99-0001-000, is zoned Single Family Residential (R1A), allowing for the construction of single-family homes. Its flat topography simplifies development, minimizing site preparation costs and accelerating project timelines. The land's advantageous location immediately south of the Metro Airport offers convenient access to major transportation arteries and the amenities of a thriving metropolitan area. With a total area of 20 acres, this expansive site provides ample space for a substantial residential project. The asking price for this prime development opportunity is $1,500,000. The property's Wayne County address and 48174 zip code further highlight its strategic location within the Romulus community. This is a rare chance to acquire a large, ready-to-develop residential tract in a high-demand area. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.