Listing Agency: JNA Real Estate r***@detroitexperts.com Show Phone

Listed By: Rashad Elabed · License #6501406301 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 6 at 7:25AM

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Investment Insights

Based on property information with market context.

This commercial vacant land is located in the heart of downtown Detroit, steps away from Little Caesars Arena and a block from Woodward Avenue and Cass Avenue. The surrounding area features new restaurants and projects. The property has been surveyed, and property lines are marked to indicate the dimensions. The intended use of the property is commercial. A clean title, warranty deed, and title insurance will be provided to the buyer.

Key Highlights

• Prime location steps from Little Caesars Arena in downtown Detroit.
• Situated a block off Woodward and Cass Avenues.
• Surrounded by new restaurants and projects.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Nail Salon Kitchen & Bath Showroom HVAC Service Veterinary Clinic Furniture & Home Goods

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

3,022

Businesses Nearby

Explore this area Business Placement

Demographics for 48201, MI

14,500

Population

9,900

Households

1.5

Avg Household Size

33

Median Age

37%

College-Educated

88%

High-School Grad

1.9 sq mi

ZIP Area

7,632

Density / Sq Mi

$24,392

Median Household Income

$36,835

Median Earnings

$841

Median Rent

$401,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Vacant land in downtown Detroit, steps from Little Caesars Arena.

Where is this land located?

The property is located at 2939 PARK Ave Detroit, MI.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Prime location steps from Little Caesars Arena in downtown Detroit.; Situated a block off Woodward and Cass Avenues.; Surrounded by new restaurants and projects.