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Property profile & analytics
OFF-MARKET
Land

0 Middlebelt & Leroy Romulus, MI 48174

11.14 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.14 ac (485,258 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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