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    11015 E Jefferson Ave Detroit, MI 48214

    For Sale
    $399,000

    0.78 acres of developable land on high-traffic commercial corridor.

    Lot size:
    0.43 Acres

    Property Features for 11015 E Jefferson Ave

    General Information

    Lot size
    0.43 Acres

    Source: Jim Saros Real Estate Services Agent James B Saros

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This property presents an exciting development opportunity with approximately 0.78 acres of developable land. The site occupies an entire city block from Fairway to Lillibridge, featuring 223 feet of frontage on Jefferson Avenue and a combined 504 feet of road frontage. The dimensions of the lot are approximately 224 feet by 153 feet. Zoned B4, the property allows for a diverse range of commercial and mixed-use options. The location offers close proximity to numerous national tenants, popular Detroit restaurants, Indian Village, West Village, Pewabic Tile, US Immigration Services, Belle Isle, Downtown Detroit, and Grosse Pointe. It also provides easy access to major freeways, which are just blocks away. A survey is available. The area includes numerous national retailers.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.973552
    Latitude
    42.365945

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    FAQs

    What type of property is this?
    Land - 0.78 acres of developable land on high-traffic commercial corridor.
    Where is this land located?
    The property is located at 11015 E Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime high-traffic commercial corridor location.; - Approximately .78 acres of developable land.; - Zoned B4 allowing diverse commercial/mixed-use options.
    (313) 886-9030
    Request Owner's contact information
    11015 E Jefferson Ave Detroit, MI 48214
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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
    11015 E Jefferson Ave Detroit, MI 48214
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