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3040 E Outer Drive, Detroit, MI 48234

Vacant 1.51-acre parcel zoned for light industrial or commercial development with sizable dimensions for flexible building plans.

Property SizeContact for details
Days on Market359

Property Features for 3040 E Outer Drive

General Information

Standard status Active
Property subtype Land, Industrial
Listing Agency: Valor Realty, Inc
Listed By: Dion Love · License #6505432979
Source: Crexi
Added: Aug 14, 2025 Changed: Jul 10 Last Checked: Aug 6 at 2:43PM

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 Valor Realty, Inc

Investment Insights

Based on property information with market context.

The offering is a vacant development parcel totaling approximately 1.51 acres, laid out with generous dimensions of about 550’ by 1,250’. The site is being marketed as suitable for light industrial or commercial development, giving developers the land area needed to plan for a range of project types consistent with the applicable zoning.

The property is located at 3040 E Outer Drive in Detroit, MI 48234. Public remarks indicate the lot is positioned near major transportation routes and within reach of local amenities and community facilities, supporting development for businesses that value connectivity.

This land listing is best suited for investors, developers, or business owners seeking a larger, versatile parcel for future buildout under the light industrial or commercial zoning framework. With substantial depth and area, the property can accommodate site planning that aligns with the intended use while providing room for project layout. Prospective buyers should confirm allowable uses and development requirements with the local authorities prior to finalizing plans.

Key Highlights

  • Vacant 1.51‑acre parcel at 3040 Outer Dr E in Detroit
  • Zoned for light industrial or commercial development
  • Approximate lot dimensions of 550’ x 1,250’ provide sizable space for a range of projects

Property Analytics

Current Use

Commercial land

Suggested Use

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

334
Businesses Nearby

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant 1.51-acre parcel zoned for light industrial or commercial development with sizable dimensions for flexible building plans.
Where is this industrial land located?
The property is located at 3040 E Outer Drive Detroit, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Vacant 1.51‑acre parcel at 3040 Outer Dr E in Detroit; Zoned for light industrial or commercial development; Approximate lot dimensions of 550’ x 1,250’ provide sizable space for a range of projects
More about this property
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