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Property profile & analytics
OFF-MARKET
Land

0 Side Of Eureka Rd Romulus, MI 48174

3.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.531-acre parcel of land, situated on the south side of Eureka Road in Romulus, Michigan, presents a remarkable opportunity for residential development. The property, identified by APN numbers 80-138-99-0008-001 and 80-138-99-0007-001, is zoned R1A-S.F, making it ideally suited for various residential projects. Its convenient location offers easy access to all essential utilities, significantly streamlining the development process. The land is ready for immediate development, eliminating lengthy preparation delays. A key advantage is its proximity to the Metro Airport, enhancing its appeal and potential value. The asking price for this expansive and strategically located property is $500,000. This represents a compelling investment opportunity given the land's size, zoning, and prime location in the thriving Romulus, Michigan area (zip code 48174), within Wayne County. The property's coordinates are 42.195547 latitude and -83.3248211 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 3.53 ac (153,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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