Property profile

0 4.95 Acres-Wahrman Rd New Boston, MI 48174

OFF-MARKET
Land
4.95 ac lot
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Property summary

AI-generated overview

This exceptional 4.95-acre parcel of land presents a compelling investment opportunity in Romulus, Michigan. Ideally situated in Wayne County, with a convenient location just minutes from the Detroit Metropolitan Airport, this property offers significant potential for various commercial and industrial uses. The land is zoned for Light Industrial, providing flexibility for a range of development projects. The lot boasts impressive dimensions, measuring approximately 326 feet by 662 feet, offering ample space for construction and maneuvering. The asking price is $150,000, translating to a price per acre of $30,303. The property's APN is 80-080-99-0013-000. This location provides easy access to major transportation routes, making it an attractive site for businesses seeking efficient logistics and distribution capabilities. Given its size, zoning, and proximity to the airport, this property is well-suited for a variety of industrial and commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. The address is 4.95 Acres-Wahrman Rd, Romulus, MI 48174.

Property profile

Verified
Property type Land
Lot 4.95 ac (215,622 SF)

Cap rate & NOI

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

Location

4.95 Acres-Wahrman Rd New Boston, MI 48174
New Boston 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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