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R3-Zoned Development Lot
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51 E EUCLID ST, Detroit, MI 48202

Vacant residential lot in R3 zoning, offered as part of a bundled Land Bank listing near a neighborhood food co-op.

Property SizeContact for details
Lot Size1.09 Acres
Days on Market660

Property Features for 51 E EUCLID ST

General Information

Standard status Active
Lot size 1.09 Acres
Property subtype Land
Zoning R3
Listing Agency: Keller Williams Realty Lakeside
Listed By: Erick Monzo · License #MI 6502427681
Source: Crexi
Added: Oct 23, 2024 Changed: Aug 8 Last Checked: Jul 16 at 8:41AM

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 Keller Williams Realty Lakeside

Investment Insights

Based on property information with market context.

This bundled offering includes multiple Detroit Land Bank vacant lots at 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, 77 Euclid, 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia. The specifically identified parcel at 51 E Euclid St is described as offering over 47,532 square feet and is available for residential development.

The property is located in Detroit’s North End neighborhood, directly across from the New Detroit People’s Food Co-op. The parcel is indicated as zoned R3, providing a residential framework for development.

The Detroit Land Bank is actively seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings. For developers and investors evaluating R3 opportunities, the combination of Land Bank availability, R3 zoning, and an adjacency directly across from an active community food co-op supports residential infill planning for a range of small- to mid-scale housing concepts.

Key Highlights

  • Bundled Land Bank listing with addresses: 45, 51, 57, 63, 71, 77, and 88 E Philadelphia; 78 E Philadelphia; 98 E Philadelphia
  • Detroit Land Bank vacant lot with over 47,532 SF in Detroit’s North End neighborhood
  • Location directly across from New Detroit People’s Food Co‑op

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom Hair Salon Bakery HVAC Service

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

941
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residential lot in R3 zoning, offered as part of a bundled Land Bank listing near a neighborhood food co-op.
Where is this residential land & home lot located?
The property is located at 51 E EUCLID ST Detroit, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Bundled Land Bank listing with addresses: 45, 51, 57, 63, 71, 77, and 88 E Philadelphia; 78 E Philadelphia; 98 E Philadelphia; Detroit Land Bank vacant lot with over 47,532 SF in Detroit’s North End neighborhood; Location directly across from New Detroit People’s Food Co‑op
More about this property
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