Listing Agency: CBRE - Corporate

Listed By: Edward Wujek · License #6501293269 Show Phone

Source: Cbre

Added: Sep 20 Changed: Sep 21 Last Checked: Sep 24 at 6:56AM

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Investment Insights

Based on property information with market context.

This commercial land offering includes two cleared sites in Detroit. The property is positioned for consideration of new construction, with a potential path to combine the parcels through vacation of the city alley between them. The site is also located within an Opportunity Zone, adding a relevant designation for parties evaluating the property.

Key Highlights

• Two cleared commercial land sites
• Potential city alley vacation could allow parcel consolidation
• Located within an Opportunity Zone

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Daycare Center Dental Office Kitchen & Bath Showroom Nail Salon (Bike/Boat/Book/etc) Store

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

1,114

Businesses Nearby

Explore this area Business Placement

Demographics for 48216, MI

5,031

Population

3,398

Households

1.5

Avg Household Size

35

Median Age

37%

College-Educated

87%

High-School Grad

2.3 sq mi

ZIP Area

2,187

Density / Sq Mi

$42,278

Median Household Income

$42,189

Median Earnings

$860

Median Rent

$225,300

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two cleared sites support consideration for future commercial construction and potential parcel consolidation.

Where is this commercial land located?

The property is located at 2068 Trumbull Detroit, MI.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Two cleared commercial land sites; Potential city alley vacation could allow parcel consolidation; Located within an Opportunity Zone