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.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Macomb |
| Tax ID/APN: |
50-29-05-06-100-011 |
| Zoning: |
RESIDENTIAL |
| 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 |
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 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Moody's assume any liability for errors or omissions.
|
