Advertise
    Property profile

    141 Elizabeth St Detroit, MI 48201

    OFF-MARKET
    Land
    0.78 ac lot
    Saved · see the list in your Dashboard

    Property summary

    AI-generated overview

    This exceptional 0.78-acre land parcel in Detroit, Michigan, presents a unique investment opportunity. Located at 141 W Elizabeth St, Wayne County, zip code 48201 (42.3367169, -83.0535454), the property is zoned for commercial and residential use. The site is currently part of a larger development project but is available for sale separately. This fee-simple ownership offers the potential to construct a multi-unit residential building

    Property profile

    Verified
    Property type Land
    Lot 0.78 ac (33,977 SF)

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    141 Elizabeth St Detroit, MI 48201
    Detroit metro
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request

    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
      4,533 SF
      80-92 Willis St
      Mixed-use properties
      80-92 Willis St, Detroit, MI 48201
      View Details
    • Value Estimation by Request
      0.09 Acres
      3939 3 Ave
      Land
      3939 3 Ave, Detroit, MI 48201
      View Details
    • Value Estimation by Request
      0.11 Acres
      2712 Cass Ave
      Mixed-use properties
      2712 Cass Ave, Detroit, MI 48201
      View Details
    • Value Estimation
      $2,360,000
      7,937 SF
      291 Edmund Pl
      GARDEN APT, COURT APT (5+ UNITS)
      291 Edmund Pl, Detroit, MI 48201-3183
      View Details
    • Value Estimation
      $395,000
      1,151 SF
      3670 Woodward Ave, Unit 48-504
      HIGH-RISE APARTMENTS
      3670 Woodward Ave, Detroit, MI 48201-2455
      View Details
    • Value Estimation
      $215,000
      722 SF
      500 Willis St, Unit 11
      GARDEN APT, COURT APT (5+ UNITS)
      500 Willis St, Detroit, MI 48201-1763
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Detroit Land Parcel For Sale
      Land parcel available in Detroit, Michigan.
      3124-3136 Brush, 420-430 Erskine, 3137-3101 Beaubien, and 437-427 Watson, Detroit, MI 48201
      View Details
    • New
      $819,000
      Rebuilt Historic Brick Duplex
      Two residences offer updated systems, private outdoor areas, and dedicated off-street parking in Detroit’s Midtown district.
      691 W Alexandrine St, Detroit, MI 48201
      View Details
    • New
      $1,200,000
      7,000 SF
      Four-Unit Carriage House
      Preserved multifamily property with apartment-scale layouts, dedicated parking, and substantial capital improvements in Midtown Detroit.
      681 W Canfield St, Detroit, MI 48201
      View Details
    • $3,059,094
      0.14 Acres
      Prime Detroit Investment Opportunity
      Eight parcels near University of Michigan's Detroit campus for sale.
      828 W Fisher Fwy, Detroit, MI 48201
      View Details
    • New
      $449,000
      1,600 SF
      Remodeled Duplex Property
      Two adjoining residential units offer updated interiors, separate layouts, and tenant occupancy.
      3531 2nd Ave, Detroit, MI 48201
      View Details
    • New
      $425,000
      Remodeled Duplex Property
      Two occupied residences offer distinct layouts, updated interiors, full kitchens, laundry areas, and finished bedroom configurations.
      3531 2nd Avenue, Detroit, MI 48201
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      New Apartment Buildings with Underground Parking
      New residential buildings with shared underground parking and EV charging offer modern urban living in Brush Park.
      3000 Brush St, Detroit, MI 48201
      View Details
    • New
      Contact for pricing
      1,800 sqft
      Former Retail Space Available
      Former retail space available for rent.
      55 W Columbia St, Detroit, MI 48201
      View Details
    • Contact for pricing
      18,422 sqft
      Renovated Multi-Story Office Building
      Up to 6,400 square feet are available on the fifth floor of a renovated seven-story office building.
      2310 Park Ave, Detroit, MI 48201
      View Details
    • Contact for pricing
      29,391 sqft
      Midtown Office Space on Woodward
      Office space available on Woodward Avenue in Detroit’s Midtown neighborhood.
      3663 Woodward Avenue, Detroit, MI 48201
      View Details
    • Contact for pricing
      Midtown Detroit Retail Opportunity
      Prime retail space in a vibrant mixed-use property.
      4 E Alexandrine St, Detroit, MI 48201
      View Details
    • $30 SF/Yr
      Ground-Floor Retail Storefront
      Ground-floor storefront on Cass Avenue with generous glazing for sidewalk product exposure and flexible retail build-out options.
      4240 Cass Avenue, Detroit, MI 48201
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 141 Elizabeth St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    141 Elizabeth St, Detroit, MI, 48201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!