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Vacant Land for R3 Development
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63 E EUCLID ST, Detroit, MI 48202

Vacant Detroit Land Bank lot in R3 zoning, positioned across from a neighborhood food co-op for housing development.

Property SizeContact for details
Days on Market660

Property Features for 63 E EUCLID ST

General Information

Standard status Active
Property subtype Land
Listing Agency: Keller Williams Realty Lakeside
Listed By: Erick Monzo · License #MI 6502427681
Source: Crexi
Added: Oct 23, 2024 Changed: Aug 8 Last Checked: Jul 16 at 12:29PM

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 Realty Lakeside

Investment Insights

Based on property information with market context.

This bundled offering includes multiple Detroit Land Bank vacant lots at 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, 77 Euclid, 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia. The listing at 63 E Euclid St is described as offering over 47,532 square feet of prime real estate and is presented for development use consistent with the stated R3 zoning.

The parcel is located in Detroit’s North End neighborhood and is described as being directly across from the New Detroit People’s Food Co-op. The offering is specifically marketed in connection with flexible residential development options supported by the R3 zoning designation.

Detroit Land Bank is actively seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings. For developers, builders, and housing-focused investors, the R3 zoning and residential redevelopment framework make this bundle suitable for planning a range of small- to mid-scale housing concepts that align with the community-oriented setting referenced in the remarks.

Key Highlights

  • Bundled listing includes vacant lots at 45, 51, 57, 63, 71, 77, and 78 E Euclid; plus 88 E Philadelphia and 98 E Philadelphia
  • Total lot size over 47,532 SF in Detroit’s North End neighborhood
  • Detroit Land Bank vacant lot located directly across from the New Detroit People’s Food Co‑op

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Nail Salon Auto Parts Store Building Supply Spa & Massage Center Law Firm

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

941
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant Detroit Land Bank lot in R3 zoning, positioned across from a neighborhood food co-op for housing development.
Where is this residential land & home lot located?
The property is located at 63 E EUCLID ST Detroit, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Bundled listing includes vacant lots at 45, 51, 57, 63, 71, 77, and 78 E Euclid; plus 88 E Philadelphia and 98 E Philadelphia; Total lot size over 47,532 SF in Detroit’s North End neighborhood; Detroit Land Bank vacant lot located directly across from the New Detroit People’s Food Co‑op
More about this property
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