Listing Agency: NAI Farbman - Corporate Show Phone

Listed By: Wendy Acho · License #6501411463 Show Phone

Source: Moodyscre

Added: Apr 25, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:22AM

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Investment Insights

Based on property information with market context.

This property features a 0.14-acre commercial vacant paved parking lot. It is located in the Mexicantown-Southwest Detroit/Hubbard Farms District, blocks away from Corktown. The property is zoned B-4 General Business District.

Key Highlights

• Paved parking lot: ready for immediate use and income generation.
• B‑4 General Business District: suitable for a wide range of commercial ventures.
• 0.14 acres of usable land size for development or parking.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply 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

556

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

O'Reilly Auto Parts Shops & Services

4,295 visits/mo 0.4 miles

Citgo Shops & Services

4,108 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019

9.2% 2020

8.5% 2021

7.3% 2022

7.9% 2023

7% 2024

7% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant, paved commercial parking lot in Mexicantown-Southwest Detroit.

Where is this commercial land located?

The property is located at 3338-3342 Bagley St Detroit, MI.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Paved parking lot: ready for immediate use and income generation.; B‑4 General Business District: suitable for a wide range of commercial ventures.; 0.14 acres of usable land size for development or parking.