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Residential Land in State Fair
For Sale
$51,000

1240 E STATE FAIR, Highland Park, MI 48203

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

Property SizeContact for details
Lot Size0.29 Acres
Days on Market546

Property Features for 1240 E STATE FAIR

General Information

Standard status Active
Lot size 0.29 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $67
Listing Agency: Keller Williams Somerset
Listed By: James T Silver · License #6501302927
Source: Exitrealty
Added: Feb 21, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Somerset

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. 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.
  • 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

374
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in Detroit's State Fair neighborhood, ideal for development.
Where is this residential land & home lot located?
The property is located at 1240 E STATE FAIR Highland Park, 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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