7625 Rosa Parks Blvd Detroit, MI 48206
Property Features for 7625 Rosa Parks Blvd
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 2.20 Acres
Building Details
- Year built
- 1900
Source:
Elliman
Listing Agency: RE/MAX Leading Edge Listing Agent: Ryan Kain
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Land Opportunity in Detroit
This 2.25-acre property, formerly the site of St. Agnes cathedral, school, and convent, presents a development opportunity in Detroit. Situated on the border of the LaSalle Gardens and Virginia Park neighborhoods, just outside of New Center, the land benefits from a location within some of the fastest-growing areas of the city. The property is near planned developments totaling over $3.5 billion over the next 5 years, including a $2.8 billion new-build hospital complex. The current owner suggests potential uses such as townhome-style condos, converting the school into apartments, and restoring the church as a commercial space. Site plans are available upon request, with space for as many as 106 townhomes and 48 rental units in the school. The property has been rezoned SD-2, has passed a Phase 1 environmental assessment, and has obtained an OPRA property tax freeze for 12 years. The sale includes the parcels at 7601 Rosa Parks, 7625 Rosa Parks, 1925 S LaSalle Gardens, 1945 S LaSalle Gardens, 1967 S LaSalle Gardens, 2011 S LaSalle Gardens, and 1950 Bethune. An additional space, consisting of 3 of the 4 lots highlighted in red in the listing photos, can be purchased from the DLBA, and the 4th is available through a private owner, which would bring the total space to over 2.5 acres.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0938331
- Latitude
- 42.3666197
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 2.25 acres of land near resurgent Detroit neighborhoods.
Where is this commercial land located?
The property is located at 7625 Rosa Parks Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: - Prime development opportunity on 2.25 acres in resurgent LaSalle Gardens/Virginia Park, near New Center.; - Rezoned SD-2, one of Detroit's most flexible zoning designations, allowing for diverse development options.; - Potential for **106 townhomes and 48 rental units** based on existing site plans (available upon request).
