MLS # 219001314 (Realcomp)

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 asking price is the price this land was appraised for. This parcel is the lowest for property zone C2 in the surrounding 342 square miles.The parcel is traversed by a county drain. No vertical development (e.g. a building) is allowed over the drain area, but horizontal development ( e.g. a road) is allowed. This site is in close proximity to the 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.
Source: SparkMLS
Asking $195,000.
Property tax estimate: $12,005 per year ($1,000/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
05B1 2A 05J1B PT OF THE NE 1/4 OF SEC 5 DESC AS BEG AT A POINT DISTANT N 88D 31M 40S E 1302.98 FT AND N 0D 41M 50S W 854.41 FT AND N 0D 49M 30S W 40 FT FROM THE CEN 1/4 CORNER OF SEC 5 AND PROCEEDING TH N 0D 49M 30S W 290.42 FT TH DUE W 1257.60 FT TH N 1D 21M 50S W ALONG THE E LINE OF THE CHESAPEAKE AND OHIO RR RIGHT OF WAY 160.21 FT TH N 88D 47M 32S E 865.40 FT TH S 87D 59M E 394.08 FT TH N 89D 3
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ullrich Arnold
St. Arnold Commerical Realty
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
6130 WAYNE Road, Romulus, MI 48174
View full property history →
Municipality
Romulus
View all listings →
County
Wayne County
View county overview →
We'll notify you when something hits the market in Romulus or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.