$195,000
$147K PRICE DROP

Estimated payment $1,449/month

Total Views 60,601
11.7 Acres
$16,667 Price per Acre
509,652 Sq Ft Lot

About This Lot

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.

Listing Agent

Joe Arnold, CCIM

St. Arnold Commerical Realty License #6502417051 Listed on: 01/04/2019

Property Details

Property Type

  • Land

Lot Details

  • 11.7 Acre Lot
  • Zoning described as Commercial, MultiFamily

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 80017990003000

Property Details

Property Type

Land

Lot Details

11.7 Acres

Listing Details

  • Property Type: Land
  • State Equalized Value: 173000.00
  • Property Sub Type: UnimprovedLand
  • LotSizeAcres: 11.70
  • Co List Office Mls Id: 417050
  • ClassName: Land
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Road Frontage Type: Paved
  • Disclosures: MineralRights, NoRestrictions, PerkYes, SurveyAvailable

Utilities

  • Sewer: SewerAtStreet
  • Water Source: Public

Condo/Co-op/Association

  • Association Contact: 0

Schools

  • Junior High Dist: Romulus

Lot Info

  • Lot Size Area: 11.70
  • Lot Dimensions: irregular
  • Parcel Number: 80017990003000
  • Percent Tillable: 70
  • Percent Wooded: 30
  • Survey: Yes
  • Wooded Area: 30.00
  • Zoning Description: Commercial, MultiFamily

Tax Info

  • Tax Amount Summer: 9297.00
  • Tax Amount Winter: 2708.00
  • Tax Annual Amount: 12005.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,556 $71,500 $0 $0
2024 $6,163 $96,600 $0 $0
2023 $6,212 $96,600 $0 $0
2022 $7,881 $96,600 $0 $0
2021 $7,579 $96,600 $0 $0
2020 $8,458 $284,000 $0 $0
2019 $11,904 $173,000 $0 $0
2018 $9,207 $345,900 $0 $0
2017 $9,471 $345,900 $0 $0
2016 $5,692 $329,400 $0 $0
2015 $6,644 $329,400 $0 $0
2013 $6,437 $318,100 $0 $0
2012 $2,540 $369,200 $369,200 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Price Changed $195,000 +34.5% --
05/27/2024 05/27/24 Price Changed $145,000 -25.6% --
05/25/2020 05/25/20 Price Changed $195,000 -17.0% --
12/28/2019 12/28/19 Price Changed $235,000 -31.3% --
01/04/2019 01/04/19 For Sale $342,000 -- --
Source: Realcomp

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $53,000 None Available
Source: Public Records

Source: Realcomp

MLS Number: 219001314

Realcomp

APN: 80-017-99-0003-000

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