4820 Concord Ave, Detroit, MI 48207
This exceptional 0.1-acre commercial land parcel presents a unique investment opportunity in Detroit, Michigan. Located at 4820 Concord Ave, in the burgeoning Island View neighborhood, this property is zoned for residential development, offering significant potential for future growth. The convenient location provides easy access to several key areas, including Belle Isle, Indian Village, and the Jefferson Corridor, ensuring high visibility and strong potential for attracting residents or businesses. The property's APN is W15I010888S. This vacant lot is ideal for developers seeking a strategic entry point into a rapidly developing area. The asking price is $30,000. Note that this property may be part of a package deal with other available parcels in the area, providing an opportunity for larger-scale development projects. The property's address is verified as 4820 Concord Ave, Detroit, MI 48207, situated in Wayne County. Its geographical coordinates are latitude 42.3720209 and longitude -83.0218852. This is a rare chance to acquire a piece of land in a highly sought-after Detroit neighborhood. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.