Property profile

0 Ooooo Grant Wahrman Romulus, MI 48174

OFF-MARKET
Land
4.18 ac lot
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Property summary

AI-generated overview

This exceptional 4.18-acre commercial land parcel presents a rare investment opportunity in Romulus, Michigan. Located in Wayne County, with APN 80080990004000, this property is zoned for Light Industrial use, making it ideal for a variety of businesses. Its prime location offers easy access to the Metro Airport and major expressways, ensuring excellent connectivity and logistical advantages. The lot boasts significant frontage on a paved street, providing convenient access and visibility. Furthermore, essential utilities are readily available, including city water, sewer, and natural gas service at the street. This significantly reduces development costs and streamlines the construction process. The asking price for this strategically positioned land is $250,000. Given its size, zoning, location, and utility access, this property represents a compelling investment prospect for developers and businesses seeking a foothold in a thriving area with strong infrastructure and convenient access to transportation hubs. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime location.

Property profile

Verified
Property type Land
Lot 4.18 ac (182,081 SF)

Cap rate & NOI

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

Location

Ooooo Grant Wahrman Romulus, MI 48174
Romulus 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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