Listing Agency: Clyde Realty LLC a***@gmail.com Show Phone

Listed By: Alex Lauer · License #6501387117 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Aug 21 at 9:05AM

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Investment Insights

Based on property information with market context.

This property features a 27 x 140 foot lot located in Islandview. It is zoned M3, which allows for a variety of uses. The property is situated in close proximity to numerous new developments and is near Downtown, Indian Village, West Village, and Lafayette Park. The property is sold AS IS.

Key Highlights

• Large 27 x 140 foot lot size.
• Zoned M3, allowing for many uses.
• Close proximity to Downtown.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

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

475

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

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Frequently Asked Questions

What type of property is this?

Land - 27x140 M3 zoned lot near downtown Detroit.

Where is this land located?

The property is located at 3229 Meldrum St Detroit, MI.

What are key features of this property?

This property features: Large 27 x 140 foot lot size.; Zoned M3, allowing for many uses.; Close proximity to Downtown.