Listing Agency: Summit Commercial LLC Show Phone

Listed By: Jason Gage · License #6504376893

Source: Crexi

Added: Jun 13, 2024 Changed: Aug 14 Last Checked: Aug 21 at 10:28AM

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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 Summit Commercial LLC

Investment Insights

Based on property information with market context.

This vacant land parcel is located on W 8 Mile, situated between storefronts. The property has a regular shape and is zoned B2. It is located on a busy section of W 8 Mile, bordering Oak Park.

Key Highlights

• B2 zoning allows for a variety of business uses.
• Location on busy W 8 Mile corridor provides high visibility.
• Regular shaped parcel facilitates development.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Food Market Grocery & Convenience 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

713

Businesses Nearby

Explore this area Business Placement

Demographics for 48235, MI

45,188

Population

20,946

Households

2.2

Avg Household Size

39

Median Age

15%

College-Educated

91%

High-School Grad

6.2 sq mi

ZIP Area

7,288

Density / Sq Mi

$41,011

Median Household Income

$31,545

Median Earnings

$1,151

Median Rent

$79,400

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant commercial land parcel on a busy corridor.

Where is this commercial land located?

The property is located at 14429 Eight Mile Rd Detroit, MI.

What is the asking price?

The asking price for this property is $35,000.

What are key features of this property?

This property features: B2 zoning allows for a variety of business uses.; Location on busy W 8 Mile corridor provides high visibility.; Regular shaped parcel facilitates development.