Mixed-Use Land for Sale in Romulus, Michigan
6130 Wayne Rd, Romulus, MI 48174
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
- Street address
- 6130 Wayne Rd
- County
- Wayne County
- Community
- Romulus
- School district
- Romulus
- Elevation
- 663 feet
Directions
Exit I-94 at Wayne Rd. , Go North
Property details
- Acreage
- 11.7 acres
- Zoning
- Commercial, Multi-Family
- MLS #
- REALCOMP 219001314
- Posted
Expenses
- Security Deposit
- $75,000
Parcels
- 80017990003000
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 35M 40S E 669.76 FT TH S 4D 34M 40S W ALONG THE CENTER LINE OF WAYNE RD 459.19 FT TH S 89D 48M 24S W 626.54 FT TO THE POB 11.70 ACRES
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 28, 2025 | Price increase | $195,000 | $50,000 34.5% | REALCOMP |
| May 28, 2024 | Price drop | $145,000 | $50,000 -25.6% | REALCOMP |
| May 25, 2020 | Price drop | $195,000 | $40,000 -17% | REALCOMP |
| Feb 12, 2020 | New listing | $235,000 | — | REALCOMP |