0 Vacant Hildebrandt & Central St, Romulus, MI 48174
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.