Residential/Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30843759
Property Subtypes: Industrial, Residential (Single Family)
Gross Land Area: 7.50 Acres
Sale Price: $975,000
Unit Price: $130,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

Value is in this property, 7.5 acres! Property address is in Ray Twp. but is annexed to Village of Romeo. Village of Romeo is open to zoning industrial. City water and sewer is available. Currently using well and septic. There is irrigation, it just needs a pump. House on property is a brick ranch 3 bedroom 2 bath home with 1555 sq. ft. plus basement. Attached garage with electric, heat and garage door opener. Home is surrounded by local businesses.. Great location for your new business.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Tax ID/APN: 50-29-05-06-100-011
Property Located Between: On 32 Mile Rd between Romeo Plank and Powell Rd.
Property Visibility: Excellent
Largest Nearby Street: 32 Mile Road
Feet of Frontage: 693
Highway Access: Minutes from I-53 (Van Dyke Freeway)
Site Description: 7.5 cleared acres with a single family home. Large pond.
Area Description: Property is surrounded by businesses on a heavily traveled road.
Lot Frontage: 693
Zoning Description: Property is located in Ray Twp. but annexed to Village of Romeo. Ray Twp. has it zoned Industrial but Village of Romeo has Residential. Romeo is open to zoning Industrial.
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,384 13,330 31,189
Median Age: 37.11 42.32 43.2
Households: 961 5,063 11,396


Photograph of Listing Agent

Ted Whittlesey

Sine & Monaghan LLC
CPIX Member
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