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Land Near New Center Area
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314 MOUNT VERNON Avenue, Detroit, MI 48236

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market1458

Property Features for 314 MOUNT VERNON Avenue

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision LOTHROP ESTATE CO MT VERNON SUB
Elementary school district Grosse Pointe
Middle school district Grosse Pointe
High school district Grosse Pointe
Directions TAKE WOODWARD HEADED SOUTH MAKE
Standard status Active
APN 38010070022000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description FMZT22 LOT 22 LOTHROP ESTATE COMPANYS MT VERNON SUBN PC 231 L68 P33 WCR
Tax Annual Amount 3513
Legal Description FMZT22 LOT 22 LOTHROP ESTATE COMPANYS MT VERNON SUBN PC 231 L68 P33 WCR

Utilities

Water source Public
Listing Agency: RCH Brokerage Legacy Inc
Listed By: Leonard A Pickett III · License #6501306589
Added: Aug 16, 2022 Changed: Jun 26 Last Checked: Aug 12 at 9:06AM
MLS# 20221031973

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential land is located within walking distance of the Q-Line and the New Center Area. The buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of the proposed development, along with a financing plan with proof of funds or a pre-approval letter for a new construction loan. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The lot size is 0.08 acres.

Key Highlights

  • Walking distance to the Q‑Line
  • Walking distance to the New Center Area
  • Public water source available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service HVAC Service Furniture & Home Goods Barber Shop Grocery & Convenience Store Auto Parts Store

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

806
Businesses Nearby

Demographics for 48236, MI

31,286
Population
13,078
Households
2.4
Avg Household Size
45
Median Age
68%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
4,171
Density / Sq Mi
$130,776
Median Household Income
$69,959
Median Earnings
$1,588
Median Rent
$353,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land within walking distance to the Q-Line.
Where is this residential land & home lot located?
The property is located at 314 MOUNT VERNON Avenue Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Walking distance to the Q‑Line; Walking distance to the New Center Area; Public water source available
More about this property
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