Listing Agency: M77 LLC s***@gmail.com Show Phone

Listed By: James T Silver · License #6501302927 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:05AM

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Investment Insights

Based on property information with market context.

This property presents an excellent opportunity for investment or development in the State Fair neighborhood. The area features a mix of single-family homes and apartment complexes, with a significant renter population. The location offers convenient access to Nolan Elementary School, which is within walking distance. Furthermore, the property is a short drive from the Chrysler Freeway, providing enhanced connectivity to Detroit and surrounding areas.

Key Highlights

• Investment or development opportunity.
• Located in the State Fair neighborhood.
• Walking distance to Nolan Elementary School.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Accounting Firm Grocery & Convenience Store

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

445

Businesses Nearby

Explore this area Business Placement

Demographics for 48203, MI

22,168

Population

13,591

Households

1.6

Avg Household Size

39

Median Age

19%

College-Educated

85%

High-School Grad

8.2 sq mi

ZIP Area

2,703

Density / Sq Mi

$35,108

Median Household Income

$28,364

Median Earnings

$799

Median Rent

$76,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Land in Detroit's State Fair neighborhood, ideal for development.

Where is this land located?

The property is located at 1240 E STATE FAIR Detroit, MI.

What is the asking price?

The asking price for this property is $51,000.

What are key features of this property?

This property features: Investment or development opportunity.; Located in the State Fair neighborhood.; Walking distance to Nolan Elementary School.