3101 Franklin St Detroit, MI 48207
- Commercial land
- 0.07 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3101 Franklin St
- Lot size
- 0.07 lot acres
- Zone code
- SD4
- Property type
- Commercial land
- APN
- 13000076.
- APU
- 13000076
Description
This exceptional commercial land offering encompasses three parcels totaling 9,000 square feet, strategically located at 3101, 3105, and 3113 Franklin Avenue in Detroit, Michigan, zip code 48207, within Wayne County. The property is zoned for commercial use, presenting a versatile canvas for a wide range of development projects. Its ample space allows for visionary land utilization, capitalizing on the robust growth and opportunities within the Detroit area. The site benefits from its proximity to downtown Detroit and a substantial population base, with over 63,000 residents residing within a three-mile radius. This presents a prime opportunity for transformative development ventures, aligning with diverse investment goals and visions. The asking price for this exceptional property is $450,000. This is an ideal investment for those seeking to capitalize on the burgeoning Detroit market and create a lucrative venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.017
- Latitude
- 42.3392
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
