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Vacant Residential Land Parcel
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637 E Euclid St, Detroit, MI 48202

DLBA-owned vacant residential parcel sold as part of a required group of parcels for joint acquisition.

Property SizeContact for details
Days on Market162

Property Features for 637 E Euclid St

General Information

Standard status Active
Property subtype Land

Additional Details

Road Access Yes
Listing Agency: Atlas Properties Inc
Listed By: Adam Hage · License #6506046052
Source: Exprealty
Added: Mar 3 Changed: Aug 8 Last Checked: Jun 21 at 3:56PM

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 Atlas Properties Inc

Investment Insights

Based on property information with market context.

DLBA-owned vacant land is offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program as part of a multi-parcel package. The offering must be sold together and includes residential parcels at 627, 629, 643, 649, and 655 E Euclid, with this listing referencing 637 E Euclid St. Each parcel is approximately 30’ x 120’ and is being sold as-is.

The parcels are located on E Euclid St in Detroit’s North End / Milwaukee Junction area, east of Woodward Ave and north of E Grand Blvd, with convenient access to Midtown, New Center, Downtown Detroit, and major employment centers. The remarks also note access to public transit, parks, and nearby neighborhood amenities.

DLBA requires a complete proposal package from buyers, including a project description covering intended use and construction timeline, proof of funds, a site plan or concept drawing, and documentation of prior similar projects. Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. DLBA retains the right to tax recapture for five tax years following transfer of ownership, which may affect compatibility with certain tax abatements, lot combinations, or assemblages.

Key Highlights

  • DLBA‑owned vacant residential land sold as a required group: 627, 629, 643, 649 & 655 E Euclid St
  • Each parcel measures approximately 30' x 120' for a total price of $90,000 per lot (sold together as specified by DLBA)
  • Property sold as‑is; sale is contingent on execution of a DLBA Development Agreement and City of Detroit permitting/approval requirements

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Kitchen & Bath Showroom Hair Salon Nail Salon Grocery & Convenience Store Auto Parts Store Plumbing 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.

Lease Details

Yes
Paved road access

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 - DLBA-owned vacant residential parcel sold as part of a required group of parcels for joint acquisition.
Where is this residential land & home lot located?
The property is located at 637 E Euclid St Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: DLBA‑owned vacant residential land sold as a required group: 627, 629, 643, 649 & 655 E Euclid St; Each parcel measures approximately 30' x 120' for a total price of $90,000 per lot (sold together as specified by DLBA); Property sold as‑is; sale is contingent on execution of a DLBA Development Agreement and City of Detroit permitting/approval requirements
More about this property
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