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    98 E Philadelphia St Detroit, MI 48202

    Sponsored
    For Sale
    $229,000

    Vacant Land - Detroit, MI

    Lot size:
    1.09 Acres
    Days on Market:
    214
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 98 E Philadelphia St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W01I002599S
    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# 20240080240 Listing URL

    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.

    Overview

    Detroit Land Bank Vacant Lot

    This bundled listing includes multiple addresses on Euclid and E Philadelphia streets. The Detroit Land Bank vacant lot offers over 47,532 square feet of prime real estate in Detroit's North End neighborhood. The parcel is zoned R3, making it suitable for development projects. The Detroit Land Bank is seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings to take advantage of the flexible R3 zoning. This lot offers possibilities in a community-focused area poised for growth, situated across from the New Detroit People's Food Co-op. The property is approximately 1.09 acres.
    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
    -83.080315
    Latitude
    42.377567

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    FAQs

    What type of property is this?
    Residential land & home lot - Prime real estate in Detroit's North End neighborhood.
    Where is this residential land & home lot located?
    The property is located at 98 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, suitable for townhomes, duplexes, fourplexes, or multifamily buildings.; - Located directly across from the New Detroit People's Food Co-op.
    (586) 210-3350
    Request Owner's contact information
    98 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
    98 E Philadelphia St Detroit, MI 48202
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