Listing Agency: The Jonna Group at Colliers International r***@colliers.com Show Phone

Listed By: Simon Jonna · License #MI 6501357188

Source: Crexi

Added: Jul 15, 2024 Changed: Aug 10 Last Checked: Aug 12 at 6:50AM

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Investment Insights

Based on property information with market context.

The property at 9470 Copland Street, Detroit, MI, consists of 10.54 acres of land. It features 760 feet of frontage on Copland Street. The zoning is M4 for commercial use, offering a versatile opportunity for business ventures. The property is located in a Qualified Opportunity Zone, which may provide tax incentives. The site is suited for industrial applications, with heavy power infrastructure. The location provides proximity to the Canadian market and key components of the US supply chain. The property is adjacent to upcoming developments such as the Henry Ford Hospital.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Building Supply Kitchen & Bath Showroom Gym & Fitness Center Storage Facility Auto Parts 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

130

Businesses Nearby

Explore this area Business Placement

Demographics for 48209, MI

27,096

Population

11,020

Households

2.5

Avg Household Size

30

Median Age

10%

College-Educated

61%

High-School Grad

6.8 sq mi

ZIP Area

3,985

Density / Sq Mi

$42,152

Median Household Income

$30,091

Median Earnings

$843

Median Rent

$82,800

Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 10.54 acre commercial lot in Detroit, Michigan.

Where is this industrial land located?

The property is located at 9470 Copland St Detroit, MI.