6130 wayne, romulus, MI 48174

This 11.7 acre parcel is zoned C2. In addition, it is Master planned Multi-family residential, giving the buyer the potential to develop the property for uses allowed within the C2 zoning district or to develop the property for multi-family residential use (e.g. apartments or condos) or to split the parcel for mixed use. The parcel was appraised by a Commercial Real Estate Appraiser (not a broker) for $195,000. The price was just reduced to $145,000 for quick sale, making this parcel price the lowest in the surrounding 342 square miles. The parcel is traversed by an abandoned county drain. No vertical development (e.g. a building) is allowed over the drain, but horizontal development ( e.g. a road) is allowed. This site is in close proximity to the new 84 acre Amazon Distribution Center in Romulus that is expected to bring in excess of 1,600 new jobs to the city and an economic impact of over 10.2 billion dollars to the city. This location has a traffic count of nearly 16,000 cars per day, Median Household Income of $44,000 and proximity to I-94 of 2.25 miles.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ullrich Arnold of St. Arnold Commerical Realty

This listing last updated: Tue, June 18, 2024 at 4:43:32 PM EDT

MIRealSource Listing Data Last Updated On Saturday, October 5 2024 at 2:30am