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Commercial Land with Approved Plans
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12917 Gratiot Ave, Detroit, MI 48205

Three assembled parcels carry city-approved plans for a three-unit strip center.

Property SizeContact for details
Days on Market142

Property Features for 12917 Gratiot Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Keller Williams Realty Lakeside
Listed By: Matthew Dababneh · License #MI 6501307631
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:07AM

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 commercial land offering combines three parcels along Gratiot Ave in Detroit: 12917, 12931, and 12901 Gratiot Ave. The combined site measures .40 of an acre and provides 135 feet of Gratiot Ave frontage.

The city has approved plans for a three-unit strip center, giving the property a defined commercial development concept. The assembled parcel configuration and approved plans are the central physical and planning features of the offering.

Key Highlights

  • Three parcels included: 12917, 12931, and 12901 Gratiot Ave
  • .40 of an acre in total
  • 135 feet of Gratiot Ave frontage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant 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

301
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 14% Electronics 4%
Exxon Shops & Services
11,907 visits/mo 0.2 miles
Sunoco Shops & Services
8,330 visits/mo 0.2 miles
Domino's Pizza Dining
4,514 visits/mo 0.3 miles
AutoZone Shops & Services
4,424 visits/mo 0.1 miles
Exxon Shops & Services
2,738 visits/mo 0.5 miles

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Three assembled parcels carry city-approved plans for a three-unit strip center.
Where is this commercial land located?
The property is located at 12917 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: Three parcels included: 12917, 12931, and 12901 Gratiot Ave; .40 of an acre in total; 135 feet of Gratiot Ave frontage
(586) 532-0500 Call to check price and availability
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