Detroit Development Opportunity

18977 Wyoming Ave Detroit, MI 48221

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For Sale
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Prime location for retail and EV charging infrastructure development.

Type:Land
Added:
Nov 4, 2024
Days on Market:
615
Last Refresh:
May 13 at 8:18 pm

Property Features for 18977 Wyoming Ave

General Information

Standard status
Active
Property subtype
Land

Listing office Summit Commercial LLC

Listing date Nov 4, 2024

Source Crexi

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.

The City of Detroit is focused on developing highly visible electric vehicle (HVEV) corridors to improve charging and retail access for residents, visitors, and road users. These corridors have been identified as prime development locations based on traffic data, industrial job centers, community planning initiatives, tourist attractions, and dense residential areas. The goal is to foster confidence in electric vehicle (EV) users by reducing range anxiety and improving data for seamless navigation. The City is encouraging private retailers and developers to invest in select properties for retail and EV charging infrastructure. Site footprints should include plans for both a retail building and direct current (DC) fast chargers. The City of Detroit will support the contracted retailer through a partnership with DTE Energy to ensure the electrical grid at the sites has sufficient capacity to support any facility and EV charger requirements. This effort is an important element of the holistic program designed to support the growth of the EV market in Detroit, the Southeast Michigan Region, and for international travel from Canada. Retailers and developers will contribute to the sustainable development of the city and the successful transition towards cleaner transportation. The Detroit Building Authority (DBA), the City of Detroit’s Planning and Development Department (PDD), and the Office of Mobility Innovation invite businesses to invest in the global mobility ecosystem that Detroit is leading the development of. The DBA, PDD, and OMI seek proposals from qualified entities to propose a development for this prime retail and charging location. The City of Detroit seeks proposals for new development that will build upon the inherent strengths of this rare location and properly unlock the potential of this site.

Key Highlights

  • Part of Detroit's Highly Visible Electric Vehicle (HVEV) Corridor Development Program
  • Ideal location for retail and EV charging infrastructure development
  • City of Detroit support via partnership with DTE Energy to ensure sufficient electrical grid capacity

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Nail Salon HVAC Service Kitchen & Bath Showroom Barber Shop Accounting Firm Carpet & Flooring Store Hair Salon Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Commercial land - Prime location for retail and EV charging infrastructure development.
Where is this commercial land located?
The property is located at 18977 Wyoming Ave Detroit, MI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Part of Detroit's Highly Visible Electric Vehicle (HVEV) Corridor Development Program; Ideal location for retail and EV charging infrastructure development; City of Detroit support via partnership with DTE Energy to ensure sufficient electrical grid capacity
Contact an agent
(313) 872-1300 Call to check price and availability
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