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    OFF-MARKET
    Land

    4820 Concord Ave, Detroit, MI 48207

    0.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.1 ac (4,356 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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