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    78 E Philadelphia St Detroit, MI 48202

    Under Contract
    For Sale
    $229,000

    Vacant Land - Detroit, MI

    Lot size:
    1.09 Acres
    Days on Market:
    185
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 78 E Philadelphia St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Commercial
    APN
    01002601.
    Lot size
    1.09 Acres

    Building Details

    Architectural style
    Other

    SCS Great Lakes INC (586) 541-4000 [email protected]

    Listing agent Erick Monzo (586) 541-4000

    Listing date Jun 11, 2025

    MLS# 20240080212 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 Land Bank Vacant Lot

    This bundled listing encompasses multiple addresses, offering a total of 47,532 square feet of land in Detroit's North End neighborhood. Zoned R3, the property is suitable for development projects such as townhomes, duplexes, fourplexes, or multifamily buildings. The Detroit Land Bank is actively seeking proposals that capitalize on the flexible R3 zoning. Located across from the New Detroit People's Food Co-op, this parcel presents opportunities for residential development in a community-focused area poised for growth. The lot size is approximately 1.09 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -83.076775
    Latitude
    42.378304

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    FAQs

    What type of property is this?
    Land - Prime real estate in Detroit's North End neighborhood.
    Where is this land located?
    The property is located at 78 E Philadelphia St Detroit, MI.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Large 47,532 sq ft vacant lot in Detroit's North End.; - Zoned R3, ideal for townhomes, duplexes, fourplexes, or multifamily buildings.; - Located directly across from the New Detroit People's Food Co-op.
    (586) 541-4000
    Request Owner's contact information
    78 E Philadelphia St Detroit, MI 48202
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    Detroit, MI 48202
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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
    78 E Philadelphia St Detroit, MI 48202
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