Catylist ID:
#29993097
Gratiot Ave. Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: | 29993097 |
| Property Subtypes: | Multi-Family, Office, Retail, Other |
| Gross Land Area: | 11,600 SF |
| Sale Price: | $31,900 |
| Unit Price: | $2.75 PSF |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/5/2021 |
Overview / Comments
|
Three adjacent parcels on Gratiot Ave. 8445,8451,8457 Gratiot Close proximity to I-94 High visibility site Approx. 5 min Drive to Downtown |
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Wayne |
| Submarket/Township: | CBD |
| Taxing Authority: | City of Detroit |
| Tax ID/APN: | 17000722.,17000723.,17000724. |
| Zoning: | GENERAL BUSINESS DISTRICT |
| Property Located Between: | Corner of Gratiot and Seneca |
| Property Visibility: | Excellent |
| Legal Description: | N GRATIOT 32&33 BLKS 18 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 40 X 100 N GRATIOT 34 BLK 18 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 20 X 100 N GRATIOT 35 BLK 18 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 20 IRREG |
| Largest Nearby Street: | Van Dyke Ave. |
| Highway Access: | Close proximity to I-94 |
| Site Description: | Paved vacant lot |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,285 | 153,088 | 410,974 |
| Median Age: | 38.31 | 35.36 | 34.75 |
| Households: | 6,086 | 58,681 | 156,526 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
