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    655 W Alexandrine St Detroit, MI 48201

    For Sale
    $425,000

    Developable land in prime Midtown location near many attractions.

    Lot size:
    0.25 Acres

    Property Features for 655 W Alexandrine St

    General Information

    Lot size
    0.25 Acres

    Source: Concept Realty Agent Scott T Atkinson

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

    Overview

    Prime Midtown Developable Land

    This is an excellent developable land opportunity situated in a prime Midtown location. The property is conveniently located near the QLine, Detroit Medical Center Hospitals, Wayne State University, Detroit Institute of Arts, Little Caesars Arena, Detroit Symphony Orchestra, Cass Technical High School, and University of Detroit Mercy. The surrounding area offers a variety of shopping and award-winning restaurants. Metered electrical service is available on-site. The property is zoned SD-1.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -83.06594
    Latitude
    42.347992

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    FAQs

    What type of property is this?
    Land - Developable land in prime Midtown location near many attractions.
    Where is this land located?
    The property is located at 655 W Alexandrine St Detroit, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Prime Midtown location for your next project; - Developable land ready for your vision; - Proximity to key destinations including QLine, Detroit Medical Center, Wayne State University, cultural and entertainment venues
    (313) 721-6621
    Request Owner's contact information
    655 W Alexandrine St Detroit, MI 48201
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    Detroit, MI 48201
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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
    655 W Alexandrine St Detroit, MI 48201
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