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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
    View Property Analytics
    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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    Residential Development Land
    Residential Development Land

    Franklin, MI 48025

    $799,999
    2.26 AC lot

    Corner residential site in Beverly Hills with an existing ranch home and room to build or renovate on 2+ acres.

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    Detroit Land Development Opportunity
    Detroit Land Development Opportunity

    1444-448 Fischer Street, Detroit, MI 48214

    $100,000
    0.14 AC lot

    Double lot near Indian Village, ideal for custom residence.

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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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    Multi-Family Investment Opportunity in Detroit
    Multi-Family Investment Opportunity in Detroit

    13505 Greiner Street, Detroit, MI 48205

    $50,000
    3,060 sqft 0.15 AC lot

    Two multi-family homes and two vacant land parcels for sale.

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    Detroit Land Bundle For Sale
    Detroit Land Bundle For Sale

    2739 BUCHANAN Street, Detroit, MI 48208

    $150,000
    0.06 AC lot

    Nine residential lots totaling 54,835 sqft in Detroit, Michigan.

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    Detroit Land Bank Opportunity
    Detroit Land Bank Opportunity

    3932 18TH Street, Detroit, MI 48208

    $150,000
    0.10 AC lot

    Fifteen bundled lots totaling 60,000 sqft in Detroit.

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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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    Residential Lots in Islandview, Detroit
    Residential Lots in Islandview, Detroit

    2151 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots for sale in Detroit.

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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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    Islandview Residential Lots Bundle
    Islandview Residential Lots Bundle

    2161 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Detroit's Islandview neighborhood.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2167 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    12 residential lots in Islandview neighborhood, ideal for development.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2180 Sheridan Street, Detroit, MI 48214

    $120,000
    0.10 AC lot

    Twelve residential lots for development in Detroit's Islandview neighborhood.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2170 Sheridan Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    12 residential lots for coordinated infill development in Islandview.

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    Detroit, MI Land Market Trends and Statistics

    Explore 869 land for sale in Detroit, MI, showcased through 869 active listings on our real estate platform. These investment opportunities span a total of 356,057 square feet of properties for sale, with an estimated market value of $25,017,700.

    Sale prices for lots in Detroit, MI start at $40,000, averaging $481,109, and reaching up to $5,050,000 — 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 $20.9K
    Detroit $121.2K
    Taylor $150K
    Highland Park $310.6K

    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

    • 48208
    • 48207
    • 48202
    • 48214
    • 48216
    • 48211
    • 48206
    • 48210
    • 48215
    • 48204
    • 48212
    • 48238

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