Listing Agency: Summit Commercial LLC p***@summitcommercialllc.com Show Phone

Listed By: Jason Gage · License #6504376893

Source: Crexi

Added: Jun 13, 2024 Changed: Aug 11 Last Checked: Aug 21 at 3:28PM

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Investment Insights

Based on property information with market context.

This large, rectangular lot is located in North Corktown. The parcel has an area of 5,961 square feet with dimensions of 42 feet by 141 feet. It is zoned R3 and is suitable for development. The property is situated due west of Oakland Housing's newly constructed North development.

Key Highlights

• Large 5,961 sq ft lot suitable for development.
• R3 zoning designation.
• Rectangular parcel shape (42 X 141).

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon HVAC Service Real Estate Agency Kitchen & Bath Showroom

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

649

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

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Frequently Asked Questions

What type of property is this?

Land - Large lot in North Corktown ready for development.

Where is this land located?

The property is located at 2611 Wabash St Detroit, MI.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Large 5,961 sq ft lot suitable for development.; R3 zoning designation.; Rectangular parcel shape (42 X 141).