6130 Wayne Road
Romulus, MI 48174

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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.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48174
• Subdivision/Neighborhood: Romulus
• School District: Romulus
• Lot Size: 11.7 acres
• Directions: Exit I-94 at Wayne Rd., Go North
• List Price Acre: 16666.67
• Lot Features: Tillable, Wooded
• Lot Size Area: 11.7
• Lot Size Square Feet: 509652
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 80017990003000
• Road Frontage: 459
• Street Type: Paved
• Tax Annual Amount: 12005
• Tax 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
• Township: Romulus