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Residential Land Investment Opportunity
For Sale
Contact for pricing
Pending

2427 ASH Street, Detroit, MI 48208

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.05 Acres
Days on Market1210

Property Features for 2427 ASH Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision SUB OF PT OF STANTON FARM (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions South of Martin Luther King Jr Blvd and East of 14th St
Standard status Pending
APN 10000323.001
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description S ASH E 22.50 FT 456 E 22.50 FT 455 SUB OF PT OF STANTON FARM L1 P157 PLATS, W C R 10/30 22.50 X 96
Legal Description S ASH E 22.50 FT 456 E 22.50 FT 455 SUB OF PT OF STANTON FARM L1 P157 PLATS, W C R 10/30 22.50 X 96

Utilities

Water source Public
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: May 4, 2023 Changed: May 14 Last Checked: Aug 25 at 1:06AM
MLS# 20230031137

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This land lot in Detroit, MI, presents a great investment opportunity. It is being sold as a bundle with other properties. The location provides a short commute to several local freeways and is minutes from Corktown. This is a land-based site. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.05 acres.

Key Highlights

  • Bundle of 5 properties (lots) for a single price, representing a bulk investment opportunity.
  • Located in Detroit, offering potential for redevelopment or land activation.
  • Proximity to local freeways allows for convenient commuting.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Nail Salon Big Box & Wholesale 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

464
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in Detroit, MI, ideal for urban agriculture.
Where is this residential land & home lot located?
The property is located at 2427 ASH Street Detroit, MI.
What are key features of this property?
This property features: Bundle of 5 properties (lots) for a single price, representing a bulk investment opportunity.; Located in Detroit, offering potential for redevelopment or land activation.; Proximity to local freeways allows for convenient commuting.
More about this property
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