Listing Agency: Summit Commercial LLC

Listed By: Chad Rhodes · License #MI 6501302819

Source: Crexi

Added: Apr 10 Changed: Aug 10 Last Checked: Aug 8 at 5:53AM

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Investment Insights

Based on property information with market context.

Industrial land parcel offered for sale with a total area of 20,000 SF. The asset is marketed as industrial land/other industrial land within the broader commercial real estate category.

The property is located at 2331 Schaefer Hwy in Detroit, MI 48217. Additional details such as site improvements, utilities, zoning, and access specifics were not provided in the available materials.

Key Highlights

• For‑sale industrial land parcel totaling 20,000 SF
• Land offering: 20,000 SF

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Pharmacy Restaurant Storage Facility

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

200

Businesses Nearby

Explore this area Business Placement

Demographics for 48217, MI

6,437

Population

3,071

Households

2.1

Avg Household Size

41

Median Age

12%

College-Educated

87%

High-School Grad

2.3 sq mi

ZIP Area

2,799

Density / Sq Mi

$46,671

Median Household Income

$33,727

Median Earnings

$1,083

Median Rent

$45,100

Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - For-sale industrial land parcel totaling 20,000 SF.

Where is this industrial land located?

The property is located at 2331 Schaefer Hwy Detroit, MI.

What are key features of this property?

This property features: For‑sale industrial land parcel totaling 20,000 SF; Land offering: 20,000 SF