City of Detroit Surplus Industrial Land

Vacant Land for Sale
Catylist Listing ID: 29895635
Property Subtypes: Industrial, Retail, Self Storage, Other
Gross Land Area: 3.98 Acres
Sale Price: $300,000
Unit Price: $75,376 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2017

Overview / Comments

- Fantastic Location Along Gratiot Ave. Near Conner Ave.
- Located Directly Across the Street From City Airport
- Located Adjacent to Multiple Retail Locations
- Close Proximity to I-94
- Unique Development Opportunity with
- Significant Gratiot Ave. Frontage
- Traffic Counts More Than 55,000 Vehicles
per Day Along Gratiot Ave. in this Vicinity

- 10640 Totaling 15.75 Acres also for sale - reduced asking price of $1.2 million
- Parcels Can be Sold Individually or as a Package

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 19001584.
Zoning: M3
Property Visibility: Excellent
Legal Description: S GRATIOT ALL THAT PT OF P C 389 & FRL SEC 23 T 1 S R 12 E DESC AS FOLS BEG AT INT SEC OF S LY LINE OF GRATIOT 124 FT WD & E LY LINE D T R R TH N 25D
Largest Nearby Street: Conner Ave.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,174 176,123 441,768
Median Age: 35.93 32.27 35.26
Households: 4,473 59,171 168,843
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