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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 195,000

Est. payment | -/mo

11.7 Acres Lot

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$ 195,000

Est. payment | -/mo

Save

11.7 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Municipality Romulus

Subdivision Romulus

MLS Listing ID 219001314

HOA Y/N false

Annual Tax Amount $12,005

Lot Size 11.700 Acres

Acres 11.7

Lot Dimensions irregular

Source Realcomp

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 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.

Location

State MI

County Wayne

Zoning Commercial,Multi-Family

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

Exterior

View Y/N No

Building

Lot Description Tillable, Wooded

Schools

School District Romulus

Others

Tax ID 80017990003000

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

Listed by St. Arnold Commerical Realty

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

6130 WAYNE Road Romulus, MI 48174

Scott Hutchison

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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6130 WAYNE Road