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    4500 Michigan Ave Detroit, MI 48210

    Sponsored
    For Sale
    $150,000

    LAND - Detroit, MI

    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 4500 Michigan Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    14000697.
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    @propertiesChristie's Int'l RE (248) 850-8632

    Listing agent Randi Brandt-Alves (810) 923-0245

    Listing date Jan 9, 2026

    Copyright © 2026 Michigan Regional Information Center, LLC. 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 Corner Lot Opportunity

    This 0.15-acre corner lot in Detroit presents opportunities for either leasing the land as is or developing it for a longer-term investment. The property is located in Detroit, Michigan, with the postal code 48210, situated in Wayne County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.104994
    Latitude
    42.331511

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    FAQs

    What type of property is this?
    Commercial land - Corner lot available for lease or development in Detroit.
    Where is this commercial land located?
    The property is located at 4500 Michigan Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Desirable corner lot.; - Ample opportunities for development.; - Option to lease out as is.
    (810) 923-0245
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    4500 Michigan Ave Detroit, MI 48210
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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
    4500 Michigan Ave Detroit, MI 48210
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