Vacant Land - Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30006981
Property Subtypes: Industrial, Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 42,000 SF
Sale Price: $126,000
Unit Price: $3 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

- City of Detroit Surplus Land
- Prime Development Opportunity
- Special Development District - Riverfront Mixed-Use
- Close Proximity to The Lofts at Rivertown and Belle Isle
- Access to three streets - Meldrum, Beaufait, Jefferson Ct.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 15013479.
Zoning: SD4
Property Located Between: E. Jefferson and Lafayette
Legal Description: E MELDRUM 19 SUB OF PT OF THE MELDRUM & BEAUFAIT FARMS L1 P304 PLATS, W C R 15/10 30 X 120.32
Largest Nearby Street: E. Jefferson
Area Description: Irregular Vacant Lang
Zoning Description: SD4 (Special Development District - Riverfront Mixed-Use)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,580 79,686 260,332
Median Age: 42.03 40.29 35.96
Households: 6,985 37,766 103,241
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