Signalized Corner Commercial
For Sale
$595,000
13031 7 Mile, Detroit, MI 48205
B4-zoned commercial land at a signalized intersection with a build-to-suit opportunity.
Property SizeContact for details
Days on Market157
Property Features for 13031 7 Mile
General Information
Standard status
Active
Property subtype
Land
Zoning
B4
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Marcel Pearl · License #6501396308
(248) 702-0942
Source:
Cpix.resimplifi
Added: Mar 30
Changed: Aug 31
Last Checked: Aug 31 at 12:52AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This 0.26-acre commercial land parcel is positioned at the signalized intersection of 7 Mile Road and Outer Drive in Detroit. B4 zoning supports its commercial land classification, while the build-to-suit opportunity allows future development to be planned around a user’s requirements.
The site is directly adjacent to The Home Depot and benefits from exposure along 7 Mile Road, where daily traffic counts exceed 25,000. Major freeways are located nearby. Population exceeds 186,200 within a 3-mile radius and 464,700 within a 5-mile radius, providing substantial surrounding demographic density.
The site is directly adjacent to The Home Depot and benefits from exposure along 7 Mile Road, where daily traffic counts exceed 25,000. Major freeways are located nearby. Population exceeds 186,200 within a 3-mile radius and 464,700 within a 5-mile radius, providing substantial surrounding demographic density.
Key Highlights
- 0.26 AC commercial land parcel
- Signalized hard corner at 7 Mile Road and Outer Drive
- B4 zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - B4-zoned commercial land at a signalized intersection with a build-to-suit opportunity.
Where is this commercial land located?
The property is located at 13031 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 0.26 AC commercial land parcel; Signalized hard corner at 7 Mile Road and Outer Drive; B4 zoning
