East Side Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30001156
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 2.95 Acres
Sale Price: $201,000
Unit Price: $68,135 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2017

Overview / Comments

Large vacant parcel in center of East-side retail area.
Former school site

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 21057416.
Zoning: RESIDENTIAL
Property Located Between: Hayes St. and Kelly Rd.
Property Visibility: Excellent
Legal Description: W KELLY ALL THAT PT OF P C 231 LYG W OF AND ADJ KELLY RD N OF AND ADJ ALMA AVE E OF AND ADJ HAYES AVE S OF AND ADJ MAYFIELD AVE 21/--- 2.952 AC
Largest Nearby Street: Kelly Rd.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,668 203,877 422,083
Median Age: 29.16 33.45 36.31
Households: 9,654 72,860 158,774

Source

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