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    Detroit, MI Commercial Land for Sale

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    Seven-Lot Planned Development Parcel
    Updated: Aug 15, 2025
    Seven-Lot Planned Development Parcel

    2500 Alter Road, Detroit, MI 48215

    $350,000
    1,420 sqft 0.83 AC lot
    Large development property with seven vacant lots bordering Grosse Pointe Park
    Six contiguous parcels plus one additional lot for flexible development layouts and site planning
    Large brick structure on one lot with plumbing and electrical utilities
    Public water available
    Zoned PD – Planned Development
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    This listing looks promising.

    Here's a quick look at some key insights for

    2500 Alter Road, Detroit, MI 48215

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $250K
      Suggested
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    Cleared Development Land
    Updated: Jun 26
    Cleared Development Land

    1601 Leverette Street, Detroit, MI 48216

    $374,900
    0.23 AC lot
    0.23‑acre cleared vacant land in Detroit’s Corktown neighborhood, ready for development
    Zoned R3 with designation in Zone 1 of a local historic district
    Flexible development options for a single‑family home, multi‑unit residential, or potential mixed‑use project
    Within walking distance of Michigan Central Station
    Surrounded by nearby businesses including The Godfrey Hotel, Ottava Via, The Yard, Cork & Gabel, and Chase/Citizens banks
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    Commercial Land Parcel with Flex Use
    Commercial Land Parcel with Flex Use

    6300 Puritan Street, Detroit, MI 48238

    $2,500,000
    0.33 AC lot

    Mixed commercial and residential zoning supports multiple development concepts, subject to municipal approval and due diligence.

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    Assembled Detroit Development Land
    Assembled Detroit Development Land

    11400 E Jefferson Avenue, Detroit, MI 48214

    $4,000,000
    0.58 AC lot

    Six-parcel portfolio totaling 4.54 acres with commercial and light industrial zoning options for flexible redevelopment.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Detroit Land For Sale
    Detroit Land For Sale

    1456 Ferry Park Street, Detroit, MI 48208

    $1,000,000
    0.08 AC lot

    Land available in Detroit near Henry Ford expansion.

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    Kercheval Avenue Vacant Land Parcels
    Kercheval Avenue Vacant Land Parcels

    14345 Kercheval Street, Detroit, MI 48215

    $149,999
    0.55 AC lot

    Prime commercial land opportunity in Detroit's revitalization corridor.

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    Commercial Development Land with B4 Zoning
    Commercial Development Land with B4 Zoning

    22110 W Warren Avenue, Redford, MI 48239

    $137,800
    0.05 AC lot

    Five lots with separate addresses and parcel IDs for B4-zoned business development in Redford.

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    Detroit Land for Infill Development
    Detroit Land for Infill Development

    2661 HENDRICKS Street, Detroit, MI 48207

    Contact for pricing
    9,450 sqft 0.15 AC lot

    Land available for small to medium scale infill development.

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    Detroit Commercial Land Opportunity
    Detroit Commercial Land Opportunity

    10539 W Chicago, Detroit, MI 48204

    $89,000
    2,640 sqft 0.09 AC lot

    Commercial property in Detroit, ideal for investment and development.

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    Corner Commercial Land with Building
    Corner Commercial Land with Building

    7647 Joy Rd, Detroit, MI 48204

    $190,000
    2,073 sqft 1.00 AC lot

    Corner commercial site with B4 zoning and an existing retail-office building plus a small suite, fenced and gated for security.

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    Brick 4-Unit with Redevelopment Land
    Brick 4-Unit with Redevelopment Land

    1450 6th St, Detroit, MI 48226

    $1,399,000
    0.50 AC lot

    Brick 4-unit building plus two vacant parcels offer a redevelopment-focused package with updated building systems.

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    Redevelopment Opportunity in Midtown Neighborhood
    Redevelopment Opportunity in Midtown Neighborhood

    453 MARTIN LUTHER KING JR Blvd, Detroit, MI 48201

    $2,500,000
    0.70 AC lot

    Redevelopment opportunity in the heart of Detroit's Midtown neighborhood.

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    Prime Land Opportunity in Detroit
    Prime Land Opportunity in Detroit

    7625 Rosa Parks Blvd, Detroit, MI 48206

    $799,900
    2.20 AC lot

    2.25 acres of land near resurgent Detroit neighborhoods.

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    High-Frontage Redevelopment Land Parcel
    High-Frontage Redevelopment Land Parcel

    2411 W 8 Mile Road, Detroit, MI 48203

    $850,000
    1.75 AC lot

    Large corner redevelopment site with 8 Mile Road frontage, suited for retail or mixed-use projects subject to approvals.

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    Detroit Corner Lot Opportunity
    Detroit Corner Lot Opportunity

    4500 Michigan Avenue, Detroit, MI 48210

    $150,000
    0.15 AC lot

    Corner lot available for lease or development in Detroit.

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    Prime Redevelopment Opportunity in Detroit
    Prime Redevelopment Opportunity in Detroit

    2455 Grand River Ave, Detroit, MI 48201

    $3,190,988
    0.42 AC lot

    Nearly 2-acre site near University of Michigan Innovation Center.

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    Detroit Commercial Land For Sale
    Detroit Commercial Land For Sale

    3302 E 7 MILE Road, Detroit, MI 48234

    $40,000
    0.26 AC lot

    0.26 acre commercial land for sale in Detroit.

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    Detroit Land Development Opportunity
    Detroit Land Development Opportunity

    7446 W Warren Avenue, Detroit, MI 48210

    $89,900
    0.44 AC lot

    0.44-acre vacant parcel in a prime commercial corridor.

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    Commercial Land Development Opportunity
    Commercial Land Development Opportunity

    18326 John R Street, Detroit, MI 48203

    $250,000
    3,100 sqft

    Combined commercial and vacant lots offer land for redevelopment or urban farming concepts alongside a small building.

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    Commercial Lot Near Industrial Area
    Commercial Lot Near Industrial Area

    530 S COLONIAL St, Detroit, MI 48217

    $598,800
    1.82 AC lot

    Almost 2-acre commercial lot near major highways.

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    Two-Unit Commercial Property Opportunity
    Two-Unit Commercial Property Opportunity

    14512 Plymouth Rd, Detroit, MI 48227

    $399,999

    Two-unit commercial property with restored facade and renovation potential.

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    Land Parcel in Eastern Market
    Land Parcel in Eastern Market

    2003 Gratiot Ave, Detroit, MI 48207

    $675,000
    0.52 AC lot

    Highly visible land parcel ideal for mixed-use or residential development.

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    Prime Detroit Redevelopment Opportunity
    Prime Detroit Redevelopment Opportunity

    250 Eliot St, Detroit, MI 48201

    $650,000

    Exceptional property in Detroit's historic, sought-after neighborhood.

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    Portfolio Sale Development Opportunity
    Portfolio Sale Development Opportunity

    17105 Woodward Ave, Detroit, MI 48203

    $1,200,000
    1.70 AC lot

    Five parcels including buildings and parking lots on 1.7 acres.

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    Detroit, MI Commercial Land Market Trends and Statistics

    Explore 195 commercial land for sale in Detroit, MI, showcased through 195 active listings on our real estate platform. These investment opportunities span a total of 165,272 square feet of properties for sale, with an estimated market value of $9,628,800.

    Sale prices for commercial lots in Detroit, MI start at $40,000, averaging $260,237, and reaching up to $1,503,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 485
    Commercial land 231
    Recreation land 32
    Industrial land 29
    Hunting land 4

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Hamtramck $120K
    Detroit $270.8K
    Highland Park $621K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Detroit, MI

    • 48207
    • 48238
    • 48204
    • 48208
    • 48227
    • 48214
    • 48201
    • 48234
    • 48216
    • 48202
    • 48210
    • 48228

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