Seven-Lot Development Land
For Sale
$350,000
2500 Alter Road, Detroit, MI 48215
Seven vacant lots total, including six contiguous lots and a separate lot with a brick structure served by utilities.
Days on Market354
Property Features for 2500 Alter Road
General Information
Standard status
Active
Property subtype
Commercial
Zoning
PD
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1924
Listing Agency:
Sine & Monaghan LLC
(313) 820-5428
Listed By:
Michael DeFauw
(313) 820-5428
Source:
Homesforsaleinmich
Added: Aug 15, 2025
Changed: Jul 10
Last Checked: Aug 2 at 1:57PM
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 Sine & Monaghan LLC
Investment Insights
Based on property information with market context.
A large development parcel comprised of seven vacant lots, with six contiguous lots forming a substantial, unified development footprint and one additional separate lot. One of the lots includes a large brick structure that has plumbing and electrical utilities available.
The property borders Grosse Pointe Park and is positioned for development within an established surrounding community. The area is described as having amenities such as shopping and dining, along with easy access to waterfront recreation.
The site is zoned PD (Planned Development). With utilities available and the ability to configure the parcel in multiple ways across the contiguous lots and the separate lot, the property offers flexibility for a range of development plans.
The property borders Grosse Pointe Park and is positioned for development within an established surrounding community. The area is described as having amenities such as shopping and dining, along with easy access to waterfront recreation.
The site is zoned PD (Planned Development). With utilities available and the ability to configure the parcel in multiple ways across the contiguous lots and the separate lot, the property offers flexibility for a range of development plans.
Key Highlights
- Seven vacant lots total: six contiguous lots plus one separate lot
- Separate lot includes a large brick structure with plumbing and electrical utilities
- Zoned PD – Planned Development
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 48215, MI
10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Seven vacant lots total, including six contiguous lots and a separate lot with a brick structure served by utilities.
Where is this commercial land located?
The property is located at 2500 Alter Road Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Seven vacant lots total: six contiguous lots plus one separate lot; Separate lot includes a large brick structure with plumbing and electrical utilities; Zoned PD – Planned Development
