6130 WAYNE Road Romulus, MI $ 195,000
6130 WAYNE Road
$ 195,000
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6130 WAYNE Road

Romulus, MI, 48174
$ 195,000
Baths0.0

Monthly Estimate*

$ 1,217

6130 WAYNE Road, Romulus, MI 48174 - Image 1
6130 WAYNE Road, Romulus, MI 48174 - Image 2
Studio

Lots and Land for sale in Romulus, MI

for $195,000. The lot size is 11.7.

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.

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Lots and Land Active

Price

$ 195,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 12,005

Style

Vacant Land

Lot Size

11.7

Town/City

Romulus

County/Region

Wayne

MLS | Web ID

21548841

Features
General
Possession At Close
Water Public Water
Status Active Active
Style Vacant Land
County Wayne
Class VACANT LAND
Type Vacant Land
Ownership Private
Municipality Romulus
Zoning Commercial Multi-Family
Sale/Rent For Sale
Status Detail 0
Area Romulus (82121)
Directions Exit I-94 at Wayne Rd. Go North
City Romulus
School District Romulus Community Schools
Financial Terms Cash Conventional
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
DOM 2532
Price Per Sq Ft Total AG 16666.67
Public Remarks This 11.7 acre parcel is zoned C2. In addition it is Master planned Multi-family residential
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Exterior
Frontage 459
Lot Size Area 11.7
Lot Dimensions irregular
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Ullrich Arnold

Listing Agent

St. Arnold Commerical Realty

Broker

joe@saintarnoldcommercial.com

Email

Affordability Calculator

$2,217
Per Month
55%
45%
0%
Monthly Principal & Interest
$1,217
Monthly Property Taxes
$1,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759816 Elementary School
760439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2024$145,000 -25.64% Price Down
5/25/2020$195,000 -17.02% Price Down
1/28/2020$235,000 Listed Price

Map


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6130 WAYNE Road, Romulus, MI, 48174 is a Lots and Land for sale at $195,000 with a lot size of 11.7. 6130 WAYNE Road is a studio with 0.0 baths. The property's zip code is 48174 which is in Romulus, MI