Seller Financing
Address
6130 Wayne Road Romulus, MI
Price
$ 195,000
Property Attributes
  • MLS#21548841
  • TypeLand
  • CountyWAYNE
  • CityRomulus
  • AreaRomulus
  • NeighborhoodRomulus
  • Zip48174
  • StyleVacant Land / Dockominium
  • Taxes12005
  • Price$ 195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11.7 Acres
Listing Provided Courtesy Of:
St. Arnold Commerical Realty
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). 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. The asking price of $29,230.00 per acre makes this parcel the lowest priced land in the surrounding 314 square miles.

Price History
1/28/2020 Listed $235,000
5/25/2020 18% - $195,000

General Features

Association Fee Y/n No
Class VACANT LAND
Directions Exit I-94 at Wayne Rd., Go North
Financial Terms Cash, Conventional, Land Contract
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 A
Listing Area Romulus (82121)
Municipality Romulus
Originating Mls RealComp
Ownership Private
School District Romulus Community Schools
Source Mls MI Real Source
Status Active
Status Active
Style Vacant Land
Subj To Short Sale Apprvl No
Type Vacant Land / Dockominium
Water Public Water
Zoning Commercial, Multi-Family

Exterior Features

Frontage 459
Lot Dimensions irregular
Lot Size Area 11.7
Roads Paved Street
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48174

Price
AVG $250K
$200K
Taxes
AVG $2,084
$12,005
Visits
AVG 37
28