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    OFF-MARKET
    Commercial real estate

    35007 Ecorse Rd, Romulus, MI 48174

    Property ID
    US43-0671868
    Property summary
    AI-generated overview

    This 0.81-acre (35,284 sq ft) residential land parcel in Romulus, Michigan (Wayne County, zip code 48174) is zoned R1A for single-family development. Located less than a mile from Amazon's new fulfillment center and minutes from Detroit Metro Airport, this property offers convenient access to major expressways. Utilities include cable, electricity, gas, sewer, streets, telephone, and water. Note that curb/gutter/sidewalk and irrigation are not present. The property's 2020 taxes were $0.02 per square foot. Parcel number is 80-034-99-0001-001. While the Walk Score is 17 (car-dependent) and Transit Score is 0 (minimal transit), the strategic location near major transportation hubs and employment centers makes this an attractive investment opportunity for single-family home development. This is a rare opportunity to acquire a well-situated lot in a rapidly growing area.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US43-0671868
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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