Commercial Development Land
For Sale
$340,000
Pending
2701 Russell St, Detroit, MI 48207
Development parcel near creative studios and small business hubs, with access to Downtown and I-75.
Property SizeContact for details
Days on Market329
Property Features for 2701 Russell St
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,703
Listing Agency:
O'Connor Realty Detroit, LLC
(313) 963-9891
Listed By:
Vincent Mazzola · License #6501387170
(313) 963-9891
Source:
Exprealty
Added: Sep 18, 2025
Changed: Aug 8
Last Checked: Aug 8 at 7:54AM
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 O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
This parcel is an opportunity for buyers seeking commercial or residential infill development in a neighborhood with a mix of creative studios and small business hubs. It is being marketed as part of a larger, single-owner offering of properties in and around Eastern Market, with the ability to purchase the parcel individually or in multiples.
According to the provided remarks, the property offers easy access to Downtown and I-75. The seller also notes the parcel can be sold as a package with 1357 Division Street, which may appeal to buyers looking to expand the footprint of their development plan.
For developers, land investors, or owner-users evaluating infill strategies, this site’s stated neighborhood context may support mixed-use or residential development concepts. Buyers can consider the flexibility of acquiring the parcel alone or coordinating it with additional properties within the broader Eastern Market portfolio offered by the same owner.
According to the provided remarks, the property offers easy access to Downtown and I-75. The seller also notes the parcel can be sold as a package with 1357 Division Street, which may appeal to buyers looking to expand the footprint of their development plan.
For developers, land investors, or owner-users evaluating infill strategies, this site’s stated neighborhood context may support mixed-use or residential development concepts. Buyers can consider the flexibility of acquiring the parcel alone or coordinating it with additional properties within the broader Eastern Market portfolio offered by the same owner.
Key Highlights
- Development parcel near creative studios and small business hubs
- Easy access to Downtown and I‑75
- Can be sold as a package with 1357 Division Street
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,335
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development parcel near creative studios and small business hubs, with access to Downtown and I-75.
Where is this residential land & home lot located?
The property is located at 2701 Russell St Detroit, MI.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Development parcel near creative studios and small business hubs; Easy access to Downtown and I‑75; Can be sold as a package with 1357 Division Street
