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Detroit Land Bundle Opportunity
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2939 SHERIDAN Street, Detroit, MI 48214

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market816

Property Features for 2939 SHERIDAN Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision BOULEVARD PARK SUB (PLATS )
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Near the New Butzel Playground. On the cusp of West Village in the heart of island view neighborhood
Standard status Active
APN 17013339.
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description W SHERIDAN 391 BLVD PARKS SUB L23 P21 PLATS, W C R 17/65 30 X 100
Legal Description W SHERIDAN 391 BLVD PARKS SUB L23 P21 PLATS, W C R 17/65 30 X 100

Utilities

Water source Public
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: May 13, 2024 Changed: May 13 Last Checked: Aug 6 at 1:06AM
MLS# 20240026555

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This bundle includes three lots and must be purchased together. The lots are conveniently located 7 minutes from Eastern Market and a short distance from Downtown Detroit, in the Islandview neighborhood near Kercheval Avenue and E Grand Blvd. The City of Detroit has announced an investment of over $5 million to improve the area. Nearby amenities include the New Butzel Playfield and improvements to Marcus Garvey Academy. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years after transferring ownership. This tax capture may not be compatible with other tax abatements. 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 will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The total lot size is 0.07 acres.

Key Highlights

  • Three‑lot bundle in Detroit's Islandview neighborhood
  • Located near Kercheval Avenue and E Grand Blvd, just 7 minutes from Eastern Market and a short distance to Downtown Detroit
  • Located in an up‑and‑coming area with over $5 million in planned city investments

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Nail Salon Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three residential lots near Eastern Market and Downtown Detroit.
Where is this residential land & home lot located?
The property is located at 2939 SHERIDAN Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Three‑lot bundle in Detroit's Islandview neighborhood; Located near Kercheval Avenue and E Grand Blvd, just 7 minutes from Eastern Market and a short distance to Downtown Detroit; Located in an up‑and‑coming area with over $5 million in planned city investments
More about this property
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