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Prime Land in North End
For Sale
$229,000

88 E PHILADELPHIA Street, Detroit, MI 48202

Large R3 zoned land parcel in Detroit's North End.

Property SizeContact for details
Lot Size1.09 Acres
Days on Market742

Property Features for 88 E PHILADELPHIA Street

General Information

Standard status Active
Lot size 1.09 Acres
Property subtype Lots/Land

Site & Location

Neighborhood Piety Hill
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo · License #6501330189
Source: Exitrealty
Added: Oct 23, 2024 Changed: Oct 25 Last Checked: Jul 16 at 8:00AM

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-Great Lakes

Rey
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Investment Insights

Based on property information with market context.

This premier Detroit Land Bank vacant lot offers over 47,532 square feet of prime real estate in the highly sought-after North End neighborhood. The parcel is ideally zoned R3, making it perfect for development projects. The Detroit Land Bank is actively seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings, taking full advantage of the flexible R3 zoning. This lot offers possibilities in a community-focused area poised for growth. The property is situated directly across from the vibrant New Detroit People's Food Co-op.

Key Highlights

  • Over 47,532 sq ft of prime real estate in Detroit's North End.
  • Zoned R3, ideal for townhomes, duplexes, fourplexes, or multifamily buildings.
  • Located directly across from the New Detroit People's Food Co‑op.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Hair Salon Nail Salon Building Supply Spa & Massage Center Auto Parts Store Law Firm

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

1,358
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large R3 zoned land parcel in Detroit's North End.
Where is this residential land & home lot located?
The property is located at 88 E PHILADELPHIA Street 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: Over 47,532 sq ft of prime real estate in Detroit's North End.; Zoned R3, ideal for townhomes, duplexes, fourplexes, or multifamily buildings.; Located directly across from the New Detroit People's Food Co‑op.
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