Property profile

0 Vacant Hildebrandt & Central St Romulus, MI 48174

OFF-MARKET
Land
16.5 ac lot
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Property summary

AI-generated overview

This exceptional 16.5-acre industrial land parcel presents a remarkable development opportunity in Romulus, Michigan. Located in Wayne County, at the intersection of Hildebrandt and Central Streets, this property boasts convenient access to major expressways, including I-94, I-275, and M-39 Southfield Freeway, placing it within minutes of vital transportation arteries. Its strategic position is further enhanced by its proximity—approximately 1/8 of a mile—to the Detroit Metropolitan Airport. The property is zoned MT (Industrial Transportation), making it ideally suited for various industrial uses, particularly trucking operations. Multiple access points are available via Middlebelt Road, Lorman Street, Hyde Park Street, and Loraine Street, ensuring efficient ingress and egress. All utilities are readily available on-site, simplifying development plans. This previously developed site benefits from its location within both an Opportunity Zone and an Aerotropolis Zone, offering significant potential for investors. The asking price is $2,400,000, translating to $136,000 per acre. This represents a compelling investment in a high-demand area with excellent infrastructure and accessibility.

Property profile

Verified
Property type Land
Lot 16.5 ac (718,740 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vacant Hildebrandt & Central St Romulus, MI 48174
Romulus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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