Detroit Development
For Sale
Contact for pricing
15500 Wyoming Ave, Detroit, MI 48238
Prime location for retail and EV charging infrastructure development.
Property SizeContact for details
Days on Market656
Property Features for 15500 Wyoming Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
B4
Listing Agency:
Summit Commercial LLC
(313) 872-1300
Listed By:
Bunia Parker · License #MI 6502357630
Source:
Crexi
Added: Nov 4, 2024
Changed: Aug 22
Last Checked: Aug 22 at 9:41AM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
The City of Detroit is focused on developing highly visible electric vehicle (HVEV) corridors, aiming to improve charging and retail access for residents, visitors, and road users. These corridors have been identified as prime development locations based on traffic data, industrial job centers, community planning initiatives, tourist attractions, and dense residential areas. The program's goal is to foster confidence in electric vehicle (EV) users by reducing range anxiety and improving data for seamless navigation. The City encourages private retailers and developers to invest in select properties for retail and EV charging infrastructure, with site footprints including plans for both a retail building and direct current (DC) fast chargers. The City of Detroit will support the contracted retailer through a partnership with DTE Energy to ensure the electrical grid at the sites has sufficient capacity to support any facility and EV charger requirements. Retailers and developers will contribute to the sustainable development of the city and the successful transition towards cleaner transportation. The Detroit Building Authority (DBA), the City of Detroit’s Planning and Development Department (PDD), and the Office of Mobility Innovation invite businesses to invest in the global mobility ecosystem that Detroit is leading the development of. The DBA, PDD, and OMI seek proposals from qualified entities to propose a development for this prime retail and charging location. The City of Detroit seeks proposals for new development that will build upon the inherent strengths of this rare location and properly unlock the potential of this site.
Key Highlights
- Located in a City of Detroit "Highly Visible Electric Vehicle (HVEV) Corridor" prime for development.
- City actively encouraging private investment in retail and EV charging infrastructure on the property.
- DTE Energy partnership ensures sufficient electrical grid capacity for EV chargers and retail facilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime location for retail and EV charging infrastructure development.
Where is this commercial land located?
The property is located at 15500 Wyoming Ave Detroit, MI.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: Located in a City of Detroit "Highly Visible Electric Vehicle (HVEV) Corridor" prime for development.; City actively encouraging private investment in retail and EV charging infrastructure on the property.; DTE Energy partnership ensures sufficient electrical grid capacity for EV chargers and retail facilities.
