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    5491 Oakman Blvd Detroit, MI 48204

    For Sale
    $36,000

    Vacant Land - Detroit, MI

    Lot size:
    0.35 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 12 at 9:06 am

    Property Features for 5491 Oakman Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    18005370-1
    Lot size
    0.35 Acres

    Building Details

    Architectural style
    Other

    Realty Executives Home Towne (810) 300-1650 [email protected]

    Listing agent Sydney Sheridan (586) 949-8300 License #6501431172

    Listing date Oct 23, 2025

    MLS# 50192386 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. 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 For Sale

    This 0.35-acre vacant land is located on Oakman Boulevard in Detroit's historic Robert's Aviation neighborhood, an area experiencing a resurgence. Situated on a corner lot, the property is a 10-minute drive from Downtown Detroit with access to 96. A bus stop located on the corner provides convenient commuting options. The neighborhood's growing vitality is supported by the recent opening of a Starbucks and other new businesses. The property is zoned residential, making it suitable for new residential developments. City water and sewer are available at the street.
    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 Clothing Store Building Supply 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
    -83.1600667
    Latitude
    42.3585944

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    FAQs

    What type of property is this?
    Land - Vacant land in revitalizing Detroit neighborhood, near downtown.
    Where is this land located?
    The property is located at 5491 Oakman Blvd Detroit, MI.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: - Located in the historic Robert's Aviation neighborhood, experiencing a significant resurgence.; - Corner lot property on .35 acres.; - 10-minute drive to Downtown Detroit.
    (586) 949-8300
    Request Owner's contact information
    5491 Oakman Blvd Detroit, MI 48204
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    Detroit, MI 48204
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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
    5491 Oakman Blvd Detroit, MI 48204
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