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Vacant Commercial Land
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7419 Puritan Avenue, Detroit, MI 48238

Vacant commercial parcel on Puritan Avenue with potential for business-oriented development.

Property SizeContact for details
Days on Market1185

Property Features for 7419 Puritan Avenue

General Information

Standard status Active
Property subtype Land
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo · License #6501330189
Source: Compass
Added: Jun 3, 2023 Changed: Aug 30 Last Checked: Aug 30 at 7:39AM

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-Great Lakes

Investment Insights

Based on property information with market context.

This vacant commercial land parcel is located at 7419 Puritan Avenue in Detroit, Michigan. The property is offered for sale and may suit a range of business-oriented development plans, subject to applicable approvals and site requirements.

The Detroit Land Bank Authority is entitled to a tax capture for the five tax years following ownership transfer. That provision may affect compatibility with otherwise available tax abatements. Requests to waive the tax-capture rights are subject to DLBA review, and approval may require a payment in lieu of taxes determined through review of the development pro forma and financing impact.

Key Highlights

  • Vacant commercial land at 7419 Puritan Avenue, Detroit, MI 48238
  • Five‑year DLBA tax‑capture entitlement follows transfer of ownership
  • Tax capture may affect eligibility for otherwise available tax abatements

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic Hair Salon

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

375
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial parcel on Puritan Avenue with potential for business-oriented development.
Where is this commercial land located?
The property is located at 7419 Puritan Avenue Detroit, MI.
What are key features of this property?
This property features: Vacant commercial land at 7419 Puritan Avenue, Detroit, MI 48238; Five‑year DLBA tax‑capture entitlement follows transfer of ownership; Tax capture may affect eligibility for otherwise available tax abatements
More about this property
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