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    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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