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Prime Detroit Development Opportunity
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11301 E Jefferson Ave, Detroit, MI 48214

Rare retail and charging location in Detroit's mobility ecosystem.

Property SizeContact for details
Days on Market656

Property Features for 11301 E Jefferson Ave

General Information

Standard status Active
Property subtype Land
Zoning B4
Listing Agency: Summit Commercial LLC
Listed By: Bunia Parker · License #MI 6502357630
Source: Crexi
Added: Nov 4, 2024 Changed: Aug 22 Last Checked: Aug 22 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Commercial LLC

Investment Insights

Based on property information with market context.

The City of Detroit is focused on developing highly visible electric vehicle (HVEV) corridors, with a goal of improved charging and retail access to residents, visitors, and road users. These corridors have been identified as prime development locations based on traffic data, (industrial) job centers, community planning initiatives, tourist attractions and dense residential areas. The goal of this program is to foster confidence in electric vehicle (EV) users through reducing range anxiety and improving data for seamless navigation. The City is encouraging private retailers and developers to invest in select properties for retail and EV charging infrastructure. Site footprints should include plans for both a retail building and direct current (DC) fast chargers. The City of Detroit will support the contracted retailer through a partnership with DTE Energy (utility) to ensure the electrical grid at the sites has sufficient capacity to support any facility and EV charger requirements. This effort is an important element of the holistic program designed to support the growth of the EV market in Detroit, the Southeast Michigan Region and for international travel from Canada. By implementing this program, retailers and developers will contribute to the sustainable development of the city and the successful transition towards cleaner transportation. The Detroit Building Authority (DBA); the City of Detroit’s Planning and Development Department (PDD) and Office of Mobility Innovation invite businesses to invest in the global mobility ecosystem that Detroit is leading the development of. The DBA, PDD and OMI seek proposals from qualified entities to propose a development for this prime retail and charging location(s). The City of Detroit seeks proposals for new development that will build upon the inherent strengths of this rare location and properly unlock the potential of this site.

Key Highlights

  • Prime development location within Detroit's Highly Visible Electric Vehicle (HVEV) corridor.
  • City support through DTE Energy partnership ensures sufficient electrical grid capacity for EV chargers.
  • Contribute to Detroit's sustainable development and the transition to cleaner transportation.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Rare retail and charging location in Detroit's mobility ecosystem.
Where is this commercial land located?
The property is located at 11301 E Jefferson Ave Detroit, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Prime development location within Detroit's Highly Visible Electric Vehicle (HVEV) corridor.; City support through DTE Energy partnership ensures sufficient electrical grid capacity for EV chargers.; Contribute to Detroit's sustainable development and the transition to cleaner transportation.
(313) 872-1300 Call to check price and availability
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