Romulus, MI 48174,6130 WAYNE  Road
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Romulus, MI 48174,6130 WAYNE  Road
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$ 145,000
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6130 WAYNE Road Romulus, MI 48174

11.7 Acres Lot


UPDATED:

06/18/2024 08:17 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219001314

Originating Board Realcomp II Ltd

Annual Tax Amount $12,005

Lot Size 11.700 Acres

Acres 11.7

Lot Dimensions irregular

Property Description

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.

Location

State MI

County Wayne

Area Romulus

Zoning Commercial,Multi-Family

Direction Exit I-94 at Wayne Rd. , Go North

Exterior

Road Frontage Paved

Building

Sewer Sewer at Street

Water Public (Municipal)

Schools

School District Romulus

Others

Tax ID 80017990003000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional


Realcomp MLS
Listed by Ullrich Arnold of St. Arnold Commerical Realty

Tim Sova

Broker Associate

+1(810) 844-2316

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6130 WAYNE Road