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    OFF-MARKET
    Land

    0 Vacant Hildebrandt & Central St, Romulus, MI 48174

    16.5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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