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    5214 Avery St Detroit, MI 48208

    Picture of Land at Avery St 5214, Detroit, MI
    Under Contract
    For Sale
    $85,000

    Vacant Land - Detroit, MI

    Lot size:
    0.35 Acres
    Days on Market:
    1119
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 5214 Avery St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Multi-Family,Multiple,Residential,Site Plan Condo
    APN
    W18I007046S
    Exterior features
    Curbs, Sidewalks, Near Golf Course
    Lot size
    0.35 Acres

    Building Details

    Architectural style
    Other

    Premier Property Services (313) 822-9000 [email protected]

    Listing agent James Bufalino (313) 822-9000

    Listing date Nov 22, 2022

    MLS# 2210078836 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 Opportunity

    This vacant land is situated in the highly desired historical Woodbridge neighborhood of Detroit. The property consists of multiple lots, including 1632 Merrick (33 ft x 60 ft) and 5214, 5220, 5226, 5232, and 5238 Avery (combined total 150 ft x 100 ft), totaling approximately 0.35 acres. The land is zoned R2 – Low Density Residential District. The seller requires a minimum of 6 housing units to be completed within 540 days of closing. All offers must be supported by proof of funds for both the purchase price and construction costs. The sale is open to homeowners, investors, and developers. The seller requires a new build proposal with the offer, including construction plans or precedent architectural images of the proposed development. Proposal requirements are attached to the listing. A Seller Purchase & Development Agreement will be provided upon acceptance of a qualifying offer. All proposal requirements must be provided to be considered by the seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -83.0819047
    Latitude
    42.3539339

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    FAQs

    What type of property is this?
    Land - Vacant land in Woodbridge neighborhood, suitable for residential development.
    Where is this land located?
    The property is located at 5214 Avery St Detroit, MI.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Located in the highly desired historical Woodbridge neighborhood.; - Large lot size potential: Combined total of 150ft x 100ft and an additional lot of 33 ft x 60 ft.; - Zoned R2 – Low Density Residential District, suitable for residential development.
    (313) 822-9000
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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
    5214 Avery St Detroit, MI 48208
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