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Infill Opportunity on Malcolm Street
For Sale
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6002 Malcolm St, Detroit, MI 48213

Land redevelopment opportunity in Detroit, including three parcels.

Property SizeContact for details
Days on Market105

Property Features for 6002 Malcolm St

General Information

Standard status Active
Property subtype Land
Listing Agency: Bellabay Realty Tri-Counties
Listed By: Natasha C Richards · License #6502385914
Source: Elliman
Added: May 14 Changed: Aug 22 Last Checked: Aug 26 at 10:23AM

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 Bellabay Realty Tri-Counties

Investment Insights

Based on property information with market context.

This offering presents an infill opportunity within a redeveloping area. The sale encompasses three parcels: 6002, 6008, and 6014 Malcolm, and they are not sold separately. Interested buyers should consult proposal guidelines for new build opportunities. It is recommended to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The DLBA 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. 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 effect of any tax abatement on the purchase and development financing. The bike score is 52, indicating bikeable conditions. The walk score is 32, indicating car-dependent conditions. The transit score is 45, indicating some transit options.

Key Highlights

  • Infill opportunity in a redeveloping area.
  • Sale includes three parcels: 6002, 6008, and 6014 Malcolm.
  • DLBA proposal guidelines available for new build opportunities.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

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

391
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land redevelopment opportunity in Detroit, including three parcels.
Where is this land located?
The property is located at 6002 Malcolm St Detroit, MI.
What are key features of this property?
This property features: Infill opportunity in a redeveloping area.; Sale includes three parcels: 6002, 6008, and 6014 Malcolm.; DLBA proposal guidelines available for new build opportunities.
More about this property
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