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2300 Eight Mile Rd Detroit, MI 48234

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1.03 Acres, High-Traffic Location, Detroit

Property Features for 2300 Eight Mile Rd

General Information

Property type
Land
Lot Size
44,867 SF

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Listing Contact
Arthur Itkis
Arthur Itkis

Listing Agency: Colliers - Royal Oak/Detroit, Michigan Listing Agent: Arthur Itkis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 1.03-acre commercial land parcel, located at 2300 8 Mile Road in Detroit, Michigan, presents a unique investment opportunity. Priced at $850,000, this property boasts an enviable location, offering immediate availability for either multi-tenant or single-tenant development. Its strategic position provides unparalleled access to major thoroughfares, situated just one mile from the I-75 Expressway and minutes from Woodward Avenue. The high-traffic location, with over 55,000 cars passing daily, ensures significant visibility and accessibility for any business. The surrounding area is densely populated, with over 375,000 people residing within a five-mile radius, creating a robust customer base. Furthermore, the property benefits from a strong synergy between business and residential areas. Within a two-mile radius, there's over 18 million square feet of existing retail, commercial, and industrial space, indicating a thriving and established market. The immediate vicinity includes a diverse range of national retailers and restaurants such as Meijer, Marshalls, Planet Fitness, Dollar Tree, Foot Locker, Applebee's, Tim Hortons, Wendy's, Taco Bell, KFC, and Checkers, further enhancing the property's appeal and potential. This prime location and high traffic count make this a truly exceptional opportunity for developers seeking a high-impact commercial project in a densely populated and well-established area of Detroit, Macomb County, MI, zip code 48234.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Macomb
State
Michigan
Longitude
-83.0790964
Latitude
42.4470935

FAQs

What type of property is this?
Land - 1.03 Acres, High-Traffic Location, Detroit
Where is this land located?
The property is located at 2300 Eight Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Immediately available for multi-tenant or single-tenant development.; One mile from I-75 Expressway and minutes from Woodward Avenue.; Surrounded by national retailers including Meijer, Marshalls, and numerous restaurants.
(248) 226-1676 Call to check price and availability
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