Listing Agency: Real Broker LLC n***@zeolirealty.com Show Phone

Listed By: Nicholas M Zeoli Show Phone

Source: Elliman

Added: May 18 Changed: Aug 8 Last Checked: Jul 16 at 7:52AM

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Investment Insights

Based on property information with market context.

Located in Dearborn Heights, this vacant land parcel offers approximately 0.56 acres. The residential parcel is in a convenient and rapidly developing location near Telegraph Rd and I-94. It presents an opportunity for builders, investors, or buyers looking to build a custom home on an oversized lot. The property was previously marketed with possible lot split opportunities; buyers should verify all zoning and development possibilities with the city. The location is near shopping, dining, schools, parks, and major freeways. The bike score is 39, indicating it is somewhat bikeable, and the walk score is 36, indicating car dependence.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail 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

249

Businesses Nearby

Explore this area Business Placement

Demographics for 48125, MI

22,070

Population

8,791

Households

2.5

Avg Household Size

38

Median Age

16%

College-Educated

87%

High-School Grad

4.0 sq mi

ZIP Area

5,518

Density / Sq Mi

$59,534

Median Household Income

$38,241

Median Earnings

$1,298

Median Rent

$119,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Large residential parcel in a convenient, developing location.

Where is this residential land & home lot located?

The property is located at 25220 Pennie St Dearborn Heights, MI.

What is the asking price?

The asking price for this property is $85,000.