7001 Lafayette St Detroit, MI 48207
- Commercial land
- 0.21 lot acres
Current Use by Public Records
- Boulevard Park (Western League Grounds) / Historical Landmark
Property Details for 7001 Lafayette St
- Lot size
- 0.21 lot acres
- Zone code
- B4
- Property type
- Commercial land
- APN
- 15000147.
- APU
- 15000147
Description
This exceptional 0.21-acre commercial land parcel, located at 7001 E. Lafayette Street in Detroit, Michigan, presents a unique investment opportunity. The property is zoned B-4, offering a wide range of potential commercial uses. The asking price is $150,000, translating to a land value of $714,285 per acre. The lot's size provides ample space for various development projects, while its strategic location within Wayne County, zip code 48207, ensures excellent accessibility and visibility. The property's APN is 15000147. This is a rare opportunity to acquire a well-situated commercial lot in a growing area of Detroit. Note that an adjacent 0.51-acre site at 6929 E. Lafayette Street is also available for separate purchase, presenting the potential for a larger-scale development. This property is ideal for investors seeking to capitalize on the burgeoning commercial landscape of Detroit. The coordinates for this property are latitude 42.3501653 and longitude -83.0050735. Serious inquiries are encouraged.
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
- -83.0051
- Latitude
- 42.3502
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
