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Commercial Vacant Lot in Detroit
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3520 MOUNT ELLIOTT Street, Detroit, MI 48207

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market740

Property Features for 3520 MOUNT ELLIOTT Street

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision WALKERS SUB (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions East of Gratiot, South of Mack
Standard status Active
APN 15014005.
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description E MT ELLIOTT 10 WALKERS SUB L7 P63 PLATS, W C R 15/29 30 X 160
Legal Description E MT ELLIOTT 10 WALKERS SUB L7 P63 PLATS, W C R 15/29 30 X 160

Utilities

Water source Public
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Aug 13, 2024 Changed: Aug 4 Last Checked: Aug 22 at 12:06PM
MLS# 20240059649

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 commercial vacant lot is located in the Islandview neighborhood of Detroit. The property offers a blank space suitable for future business endeavors and is located minutes from Downtown Detroit. The Detroit Land Bank is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. Reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department is also recommended for additional context about the neighborhood. The lot size is 0.11 acres. The Detroit Land Bank is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatement that are otherwise available to the selected purchaser. The Detroit Land Bank 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 effect of any tax abatement on the purchase and development financing.

Key Highlights

  • Vacant commercial lot in Islandview neighborhood
  • Located minutes from Downtown Detroit
  • Suitable for urban agriculture, gardening, or beautification projects

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial vacant lot in Islandview neighborhood, minutes from Downtown.
Where is this commercial land located?
The property is located at 3520 MOUNT ELLIOTT Street Detroit, MI.
What are key features of this property?
This property features: Vacant commercial lot in Islandview neighborhood; Located minutes from Downtown Detroit; Suitable for urban agriculture, gardening, or beautification projects
More about this property
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