Property profile

223 Leicester Ct Detroit, MI 48202

FOR SALE
Residential land & home lots
Property ID
US43-1795568
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Property summary

AI-generated overview

Located in the vibrant North End of Detroit, these two side-by-side lots at 223 and 217 Leicester Ct. are being sold together as a package. This prime location offers a fantastic opportunity for development or investment in one of Detroit’s most dynamic neighborhoods. With easy access to Downtown, major roadways, and local amenities, these parcels are perfect for builders, investors, or those looking to create something special. bikeScore: 70, Very Bikeable walkScore: 85, Very Walkable transitScore: 53, Good Transit

Property profile

Verified
Property type Residential land & home lots
UPID US43-1795568

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

223 Leicester Ct Detroit, MI 48202
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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