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R3 Zoned Development Land
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98 E PHILADELPHIA ST, Detroit, MI 48202

R3 zoned land offered as a bundled Detroit Land Bank package near a neighborhood co-op.

Property SizeContact for details
Lot Size1.09 Acres
Days on Market660

Property Features for 98 E PHILADELPHIA ST

General Information

Standard status Active
Lot size 1.09 Acres
Property subtype Land
Zoning R3
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 15 at 10:13PM

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 listing includes the following addresses: 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, 77 Euclid, 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia. The offering is a vacant lot held by the Detroit Land Bank, totaling over 47,532 square feet of land available for redevelopment.

The parcels are located in Detroit’s North End neighborhood and sit directly across from New Detroit People’s Food Co-op, creating an immediate neighborhood connection. The property is described as being zoned R3.

The Detroit Land Bank is actively seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings. With R3 zoning, the site can support a range of residential development concepts, including modern townhomes or larger multifamily residences. For developers and operators looking to submit a proposal, this package offers multiple addresses within the same North End setting for planning flexibility around the proposed residential mix.

Key Highlights

  • Bundled Detroit Land Bank listing including parcels at 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, and 77 Euclid
  • Additional bundled addresses: 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia
  • Vacant land totals over 47,532 SF in Detroit’s North End neighborhood

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Hair Salon Building Supply

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 - R3 zoned land offered as a bundled Detroit Land Bank package near a neighborhood co-op.
Where is this residential land & home lot located?
The property is located at 98 E PHILADELPHIA 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 Detroit Land Bank listing including parcels at 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, and 77 Euclid; Additional bundled addresses: 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia; Vacant land totals over 47,532 SF in Detroit’s North End neighborhood
More about this property
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