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    14301 Mack Ave Detroit, MI 48215

    Sponsored
    For Sale
    $199,000

    1.2-acre commercial/residential lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2-acre parcel presents a unique investment opportunity in Detroit, Michigan. Strategically located at 14301 Mack Avenue and 3845 Chalmers in the Fox Creek neighborhood, this property boasts an impressive 275 feet of frontage along Mack Avenue, ensuring high visibility and accessibility. The property is zoned BR & P1, allowing for a diverse range of development possibilities, catering to both commercial and residential ventures. Its expansive size provides ample space for ambitious projects, while the prime location within a thriving neighborhood promises significant returns. The asking price is $199,000. This land parcel in Wayne County, Michigan (zip code 48215) offers a compelling blend of location, zoning flexibility, and size, making it an attractive proposition for developers seeking a high-impact investment in a dynamic urban setting. The coordinates are 42.386688 latitude and -82.953729 longitude. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of Detroit.

    Property Features for 14301 Mack Ave

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • $199,000 asking price.
    • 1.2‑acre land parcel.
    • 275 feet of frontage on Mack Ave.
    • BR & P1 zoning.
    • Located in Detroit, MI, Wayne County, zip code 48215.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.953729
    Latitude
    42.386688

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    FAQs

    What type of property is this?
    Land - 1.2-acre commercial/residential lot. High-traffic location.
    Where is this land located?
    The property is located at 14301 Mack Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price.; 1.2-acre land parcel.; 275 feet of frontage on Mack Ave.
    (313) 704-2678
    Request Owner's contact information
    14301 Mack Ave Detroit, MI 48215
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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
    14301 Mack Ave Detroit, MI 48215
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