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Detroit Land Investment Opportunity
For Sale
$51,000

1240 E STATE FAIR, Detroit, MI 48203

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.29 Acres
Days on Market547

Property Features for 1240 E STATE FAIR

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision WASHINGTON BLVD SUB (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions S of State Fair/E of I75
Standard status Active
APN W09I007921C6
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description S STATE FAIR E 270 THRU 265 WASHINGTON BLVD SUB L34 P8 PLATS, W C R 9/171 127.50 X 100
Tax Annual Amount 67
Legal Description S STATE FAIR E 270 THRU 265 WASHINGTON BLVD SUB L34 P8 PLATS, W C R 9/171 127.50 X 100

Utilities

Water source Public
Listing Agency: Keller Williams Somerset · Keller Williams Realty
Listed By: James T Silver · License #6501302927
Added: Feb 20, 2025 Changed: Aug 19 Last Checked: Aug 21 at 10:06AM
MLS# 20250011162

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents an excellent opportunity for investment or development in Detroit's 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. The property is also a short drive from the Chrysler Freeway, providing connectivity to Detroit and surrounding areas. The lot size is 0.29 acres.

Key Highlights

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

Property Analytics

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

509
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.; Convenient location in the State Fair neighborhood.; Walking distance to Nolan Elementary School.
More about this property
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