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Detroit Land with Development Potential
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4500 Lawton St, Detroit, MI 48208

1.36 acres in Detroit's growing area, development potential.

Property SizeContact for details
Lot Size1.36 Acres
Days on Market716

Property Features for 4500 Lawton St

General Information

Standard status Active
Lot size 1.36 Acres
Property subtype Land
Zoning SD2 Special Zoning
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Matthew Schiffman · License #MI 6501364824
Source: Crexi
Added: Sep 21, 2024 Changed: Aug 24 Last Checked: Sep 3 at 5:56AM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

This property features 1.36 acres of land zoned as Special Development District in Detroit. An adjacent 0.69-acre lot owned by the City of Detroit may also be available to a purchaser. The zoning of both parcels allows for a wide range of uses, and a zoning change can be pursued to suit various project types. A 2021 environmental study is available.

Key Highlights

  • 1.36 acres of special development district zoning offers significant development potential
  • Potential to acquire an additional 0.69 acres for a larger project footprint
  • Wide range of permitted uses thanks to flexible zoning

Property Analytics

Current Use

Former Michigan Pressed ... Tour Operator

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage Center Big Box & Wholesale Store

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

348
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.36 acres in Detroit's growing area, development potential.
Where is this commercial land located?
The property is located at 4500 Lawton St Detroit, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1.36 acres of special development district zoning offers significant development potential; Potential to acquire an additional 0.69 acres for a larger project footprint; Wide range of permitted uses thanks to flexible zoning
More about this property
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