Property summary
This exceptional 6,116 square foot industrial property in Romulus, Michigan, presents a compelling investment opportunity. Situated on a 1.3-acre lot, this building is zoned M-1 Light Industrial and offers significant potential for a variety of uses. The property is currently being split from a larger parcel, ensuring independent ownership and control. The building itself boasts substantial features including a fully fenced perimeter, providing enhanced security. Heavy power is readily available, catering to businesses with significant energy demands. Its strategic location offers unparalleled access to Detroit Metropolitan Airport and major freeways, facilitating efficient transportation of goods and personnel. This prime location ensures excellent connectivity to regional and national transportation networks. The property's size and features make it suitable for a wide range of industrial operations. Note that additional land is available for expansion or complementary development, providing further growth opportunities. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving area. The asking price is $595,000. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1-LIG · Romulus, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for M1-LIG in Romulus, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning