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Vacant Land Development Opportunity
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801 Virginia Park St, Detroit, MI 48202

0.75 acres of vacant land for development.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market2447

Property Features for 801 Virginia Park St

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Land
Zoning R3
Listing Agency: Summit Commercial LLC
Listed By: Bunia Parker · License #MI 6502357630
Source: Crexi
Added: Dec 10, 2019 Changed: Aug 10 Last Checked: Aug 21 at 5:42AM

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 development opportunity, in partnership with the Detroit Building Authority, the City of Detroit’s Housing and Revitalization Department, and the Planning and Development Department, consists of approximately 0.75 acres of vacant land at the southwest corner of Virginia Park and 3rd Street at 801 Virginia Park. Developers have the option of incorporating 808 Virginia Park in the proposed development, a 0.2-acre parcel owned by the Detroit Land Bank Authority located across the street. The site is located in close proximity to the Henry Ford Hospital campus, the John C. Lodge Freeway, and the New Center area. The City of Detroit seeks well-designed proposals for new development that will build upon the inherent strengths of the site and integrate the project seamlessly with the surrounding historic neighborhood.

Key Highlights

  • Development opportunity on approximately 0.75 acres of vacant land.
  • Option to incorporate an additional 0.2‑acre parcel at 808 Virginia Park.
  • Located in close proximity to the Henry Ford Hospital campus.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Hair Salon Kitchen & Bath Showroom Nail Salon

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

3,839
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.75 acres of vacant land for development.
Where is this commercial land located?
The property is located at 801 Virginia Park St Detroit, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Development opportunity on approximately 0.75 acres of vacant land.; Option to incorporate an additional 0.2‑acre parcel at 808 Virginia Park.; Located in close proximity to the Henry Ford Hospital campus.
(313) 872-1300 Call to check price and availability
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