Vacant Hildebrandt & Central St Romulus, MI 48174
- Land
- 16.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Vacant Hildebrandt & Central St
- Lot size
- 16.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3251
- Latitude
- 42.2316
