Property profile

4515 Trumbull St Detroit, MI 48208

FOR SALE
Residential land & home lots
Property ID
US43-1367465
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Property summary

AI-generated overview

Motivated seller is willing to finance this Woodbridge Turnkey Development Opportunity! Arise Woodbridge is a 10-townhome development project located at the corner of Trumbull & Lysander. Trumbull Avenue offers great amenities and the site proximity from Midtown and Wayne State university is very attractive to potential condo buyers. Located on a corner lot, the project site is also very visible from traffic up and down Trumbull avenue. Perfect for a new developer or a GC, the project is ready to go with construction drawings, condo docs, and NEZ certificates. This unique townhome concept by CH Architects blends nicely in the historic Woodbridge neighborhood while offering a modern design, attractive to condo buyers. The project has been engineered with the help of the expert development team at Berkshire Hathaway The Loft Warehouse and comes with a complete marketing package, including branding, logo, visual identity, website and marketing assets. Land includes 3 parcels: 4515 Trumbull (08005871), 4503 Trumbull (08005872) and 1520 Lysander (08001275). Inquire about seller financing and JV opportunities.

Property profile

Verified
Property type Residential land & home lots
UPID US43-1367465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4515 Trumbull St Detroit, MI 48208
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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