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 parcel presents a rare investment opportunity in Romulus, Michigan. Located at OOOOO Grant Wahrman, this property boasts a highly desirable Light Industrial zoning designation, making it ideal for a variety of commercial and industrial uses. Its strategic location offers easy access to Metro Airport and major expressways, ensuring excellent connectivity and logistical advantages for businesses. The lot features a paved street, with readily available city water, sewer, and natural gas services already in place at the street, significantly reducing development costs and timelines. The APN is 80080990004000. This privately owned land is being offered at an asking price of $250,000. The property's size and location, combined with its convenient access to essential utilities, make it an attractive proposition for developers and businesses seeking a strategic foothold in a thriving area. This is a short sale - no. The property is situated in Wayne County, Michigan, with a zip code of 48174, and its coordinates are 42.2159077 latitude and -83.3902057 longitude. Don't miss this chance to acquire a prime piece of commercial/industrial real estate in a high-demand 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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