0 Middlebelt & Leroy, Romulus, MI 48174
This exceptional 11.14-acre parcel of land, located in Romulus, Michigan, presents a unique opportunity for residential development. Situated at the intersection of Middlebelt and Leroy, this property boasts a convenient location with easy access to major roadways and the bustling Detroit Metropolitan Airport (DTW), which sees approximately 11,100 flights daily. The property is zoned R1A-S.F, allowing for various residential construction possibilities. The expansive lot size offers ample space for a variety of projects, from single-family homes to potentially larger-scale residential developments, subject to local planning and zoning approvals. The asking price for this significant land holding is $150,000. The Wayne County Assessor's Parcel Number (APN) is 80-142-99-0019-001. This is a rare chance to acquire a substantial piece of land in a high-demand area with excellent proximity to a major international airport. Serious inquiries are encouraged to explore the potential of this remarkable property. All information is deemed reliable but not guaranteed and should be independently verified.
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.