Former Detroit Public School Site, Ready for Redevelopment

Vacant Land for Sale
Catylist Listing ID: 30018409
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 4.08 Acres
Sale Price: $299,000
Unit Price: $73,284 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2017

Overview / Comments

Former Detroit Public School site. School has been demolished, site ready for redevelopment. Immediate area surrounded by residential and industrial corporate facilities like Chrysler's main plant.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 21042676-93
Zoning: GENERAL BUSINESS DISTRICT
Property Located Between: Mack Ave. & St. Jean
Legal Description: E LILLIBRIDGE N 5.32 FT ON W LINE BG N 1.12 FT ON E LINE 109 108 THRU 88 AND VAC ALLEY ADJ CHARESTS SUB L12 P55 PLATS, W C R 21/360 S 183.97FT OF W 105.10FT OL 5 LYG N & ADJ KERCHEVAL SUB OF ST JEAN FARM L1 P214 PLATS, W C R 21/525 31 THRU 25 HUTTON & NAL
Largest Nearby Street: St. Jean
Feet of Frontage: 183
Highway Access: I-94
Airports: City Airport
Site Description: Vacant Detroit Public School site surrounded by residential and industrial development.
Area Description: Great multi-family development opportunity.
Lot Frontage: 183
Lot Depth: 635
Zoning Description: General Business District
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal, Storm

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,638 117,417 298,096
Median Age: 38.58 37.92 35.55
Households: 4,671 46,707 113,725

Source

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