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    2133 E Vernor Hwy Detroit, MI 48207

    For Sale
    $30,000

    Vacant Land - Detroit, MI

    Lot size:
    0.07 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 2133 E Vernor Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W09I001222S
    Lot size
    0.07 Acres

    Building Details

    Architectural style
    Other

    RCH Brokerage Legacy, Inc. (248) 440-2268 [email protected]

    Listing agent Leonard A Pickett III (248) 440-2268

    Listing date Jun 11, 2025

    MLS# 2220022516 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Vacant Land Bundle Opportunity

    This offering presents an opportunity for infill housing development. The sale includes a bundled lot with 2139 Vernor and 2147 Vernor, totaling 3 lots. The combined area of the three lots is 9,306 square feet, or 0.07 acres. Prospective buyers are required to submit a purchase application that includes construction plans or precedent architectural images of the proposed development, along with a financing plan that includes either proof of funds, a pre-approval letter, or a new construction loan. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years following the property ownership transfer. This tax capture may not be compatible with other tax abatements available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. This property is located in Detroit, MI, with a postal code of 48207, situated in Wayne County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.03324
    Latitude
    42.3489

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    FAQs

    What type of property is this?
    Commercial land - Three commercial lots totaling 9,306 sqft for infill housing development.
    Where is this commercial land located?
    The property is located at 2133 E Vernor Hwy Detroit, MI.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Infill housing development opportunity.; - Bundled with 2139 Vernor and 2147 Vernor.; - Total of 3 lots equaling 9,306 sqft.
    (248) 440-2268
    Request Owner's contact information
    2133 E Vernor Hwy Detroit, MI 48207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2133 E Vernor Hwy Detroit, MI 48207
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