7 Mile & Wyoming Retail Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30029407
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 13,522 SF
Sale Price: $55,000
Unit Price: $4.07 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2017

Overview / Comments

- Property situated adjacent to high traffic corner at 7 Mile & Wyoming
- Located immediately adjacent to several national retailers including BP, KFC & Rite Aid
- Ideal retail development site

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 16038086-8
Zoning: LOCAL BUSINESS AND RESIDENTIAL DISTRICT
Property Located Between: 7 Mile & Wyoming
Property Visibility: Excellent
Legal Description: W WYOMING 45 EXC TRIANG PT BG N 0.03 FT ON E LINE & E 8.21 FT ON N LINE 46 & 47 HOPPERS COLLEGE PARK SUB L47 P70 PLATS, W C R 16/407 59.97 IRREG W WYOMING TRIANG PT OF 43 BG S 0.19 FT ON W LINE OF E 49.82 FT ON S LINE 44 TRIANG PT OF 45 BG N 0.03 FT ON E LINE & E 8.21 FT ON N LINE HOPPERS COLLEGE PARK SUB L47 P70 PLATS, W C R 16/407 20.03 IRREG W WYOMING 41 THRU 43 EXC TRIANG PT BG S 0.19 FT ON W LINE OF E 49.82 FT ON S LINE THEREOF HOPPERS COLLEGE PARK SUB L47 P70 PLATS, W C R 16/407 70.24 IRREG
Largest Nearby Street: W. Seven Mile Rd.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,180 209,188 521,112
Median Age: 40.5 38.13 37.69
Households: 12,312 83,981 209,406

Source

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