R3 Zoned Development
For Sale
Contact for pricing
71 E EUCLID ST, Detroit, MI 48202
Land parcels offered as a bundle near New Detroit People’s Food Co-op, zoned R3 for multifamily development.
Property SizeContact for details
Lot Size1.09 Acres
Days on Market660
Property Features for 71 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 15 at 11:29AM
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 lot addresses: 45 Euclid, 51 Euclid, 57 Euclid, 63 Euclid, 71 Euclid, 77 Euclid, 78 E Philadelphia, 88 E Philadelphia, and 98 E Philadelphia, including 71 E Euclid St. The listing describes a combined land area of over 47,532 square feet and positions the parcels for residential development under R3 zoning.
The property is located in Detroit’s North End neighborhood and is described as directly across from New Detroit People’s Food Co-op. The remarks note that the Detroit Land Bank is actively seeking proposals that make use of the flexibility of the R3 zoning.
For developers, investors, and builders, the R3 zoning and proposed end uses highlighted in the offering—townhomes, duplexes, fourplexes, or multifamily buildings—suggest a range of residential formats for the site. Prospective participants can review the included addresses and consider how the combined land acreage can support the specific housing concept they plan to pursue, consistent with the R3 zoning noted in the offering materials.
The property is located in Detroit’s North End neighborhood and is described as directly across from New Detroit People’s Food Co-op. The remarks note that the Detroit Land Bank is actively seeking proposals that make use of the flexibility of the R3 zoning.
For developers, investors, and builders, the R3 zoning and proposed end uses highlighted in the offering—townhomes, duplexes, fourplexes, or multifamily buildings—suggest a range of residential formats for the site. Prospective participants can review the included addresses and consider how the combined land acreage can support the specific housing concept they plan to pursue, consistent with the R3 zoning noted in the offering materials.
Key Highlights
- Bundled land listing includes 45, 51, 57, 63, 71, 77 Euclid; 78 E Philadelphia; 88 E Philadelphia; and 98 E Philadelphia.
- Over 47,532 SF of vacant land in Detroit’s North End neighborhood.
- Parcel is directly across from New Detroit People’s Food Co‑op.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land parcels offered as a bundle near New Detroit People’s Food Co-op, zoned R3 for multifamily development.
Where is this residential land & home lot located?
The property is located at 71 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 listing includes 45, 51, 57, 63, 71, 77 Euclid; 78 E Philadelphia; 88 E Philadelphia; and 98 E Philadelphia.; Over 47,532 SF of vacant land in Detroit’s North End neighborhood.; Parcel is directly across from New Detroit People’s Food Co‑op.
