Vacant lot in Detroit

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30753121
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Status: Pending
Gross Land Area: 10,890 SF
Sale Price: $14,900
Unit Price: $1.37 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/24/2022

Overview / Comments

Opportunity to own 0.25 acre Vacant Land parcel zoned R5 MEDIUM DENSITY RESIDENTIAL DISTRICT with commercial uses near major highways in uprising Detroit. In addition to permitted residential uses, certain specified non-residential uses which can be properly blended into this district may be permitted. By-right public, civic, and institutional uses: Adult day care center, Child care center, Educational institution, Family day care home, Hospital or hospice, Library, Museum, Neighborhood center, nonprofit, Outdoor recreation facility, Religious institution; School, elementary, middle/junior high, or high.By-right retail, service, and commercial uses:Medical or dental clinic, physical therapy clinic, or massage therapy clinic;Parking lots or parking areas for operable private passenger vehicles.Detailed Zoning Information can be viewed in the listing attachments.Priced for Quit Claim Deed ownership transfer for quick, low cost closing. Buyer’s agent to verify all information.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: W14I008119S
Legal Description: W GRAND BLVD W 3 N 4 FT 4 BLK 6 SCOVELS SUB L11 P97 PLATS, W C R 14/105 54 X 200
Largest Nearby Street: W GRAND BLVD
Feet of Frontage: 54
Highway Access: Close proximity to 94 and 96 HWYS
Lot Frontage: 54
Lot Depth: 200
Zoning Description: 202 - COMMERCIAL VACANT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,174 185,541 428,930
Median Age: 35.12 33.61 34.11
Households: 5,808 70,146 159,276


Photograph of Listing Agent

Aksana Tanner

MI Place Realty LLC
CPIX Member
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