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    3550 John C Lodge Fwy Detroit, MI 48201

    Sponsored
    For Sale
    $3,650,000

    3-Acre Lot, High Visibility, $3.65M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the heart of Midtown Detroit. Located at 3550 John C Lodge Freeway, this property boasts unparalleled visibility due to its prime corner location at the intersection of John C Lodge Freeway and MLK Boulevard. The site's strategic position ensures exposure to over 100,000 vehicles daily, providing significant marketing potential for any development. The property is zoned SD-2, allowing for a diverse range of uses, including residential (multi-family dwellings), institutional buildings, retail spaces, service businesses, commercial enterprises, self-storage facilities, and low-impact manufacturing. This flexibility makes it ideal for a variety of projects. The parcel's size and zoning provide ample opportunity for substantial development, capitalizing on the area's vibrant growth and proximity to the Sports & Entertainment District. The asking price for this exceptional property is $3,650,000. The Wayne County Assessor's Parcel Number (APN) is 04000661-77. This is a rare chance to acquire a significant land holding in a rapidly developing area of Detroit, Michigan, with exceptional visibility and diverse development potential. The property's location in the 48201 zip code offers easy access to major transportation arteries and a thriving urban environment.

    Property Features for 3550 John C Lodge Fwy

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Former Delta Prep Academy, 3‑acre site.
    • High‑traffic corner lot at John C Lodge Freeway & MLK Blvd.
    • SD‑2 zoning allows diverse uses including multifamily residential, institutional, retail, commercial, self‑storage, and low‑impact manufacturing.
    • Midtown Detroit location with excellent Lodge Freeway visibility.
    • Proximity to the Sports & Entertainment District.
    • High daily traffic exposure (100,000+ vehicles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Immersion Foreign Language School 3550 John C ... School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0670939
    Latitude
    42.3443902

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    FAQs

    What type of property is this?
    Land - 3-Acre Lot, High Visibility, $3.65M
    Where is this land located?
    The property is located at 3550 John C Lodge Fwy Detroit, MI.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: Former Delta Prep Academy, 3-acre site.; High-traffic corner lot at John C Lodge Freeway & MLK Blvd.; SD-2 zoning allows diverse uses including multifamily residential, institutional, retail, commercial, self-storage, and low-impact manufacturing.
    (248) 752-3762
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    3550 John C Lodge Fwy Detroit, MI 48201
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    Detroit, MI 48201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3550 John C Lodge Fwy Detroit, MI 48201
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