Listing Agency: Signature Associates Southfield

Listed By: Chris Monsour · License #MI 6502135141

Source: Crexi

Added: Jul 13, 2021 Changed: Aug 31 Last Checked: Sep 7 at 6:28AM

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Investment Insights

Based on property information with market context.

This commercial land parcel features frontage on a main road and includes access to essential utilities such as sewer, storm drain, water, and gas. The property is located in Detroit, Michigan.

Key Highlights

• Main road frontage offers excellent visibility.
• Sewer access available.
• Storm drain access for proper drainage.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Nail Salon Parking Lot & Garage

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

436

Businesses Nearby

Explore this area Business Placement

Demographics for 48208, MI

8,090

Population

5,226

Households

1.5

Avg Household Size

37

Median Age

27%

College-Educated

79%

High-School Grad

3.2 sq mi

ZIP Area

2,528

Density / Sq Mi

$29,742

Median Household Income

$39,526

Median Earnings

$842

Median Rent

$186,700

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Land with utilities and main road frontage available for sale.

Where is this commercial land located?

The property is located at 6940 Gratiot Ave Detroit, MI.

What is the asking price?

The asking price for this property is $79,000.

What are key features of this property?

This property features: Main road frontage offers excellent visibility.; Sewer access available.; Storm drain access for proper drainage.