6929 Lafayette St Detroit, MI 48207
- Industrial land
- 21,075 SF
- 0.51 lot acres
Current Use by Public Records
- Industrial land
Property Details for 6929 Lafayette St
- Year built
- 1943
- Lot size
- 0.51 lot acres
- Property size
- 21,075 SF
- Zone code
- B4
- Property type
- Industrial land
- APN
- 15000144-6
- APU
- 150001446
Description
This exceptional 0.51-acre commercial land parcel, located at 6929 E. Lafayette St in Detroit, Michigan, presents a unique investment opportunity. The property is zoned B-4, offering a wide range of potential commercial uses. Priced at $330,000, this represents a land value of $647,058 per acre. The site boasts convenient access to essential utilities, including sanitary sewer, water, and gas. Adding to its appeal, an adjacent 0.21-acre site at 7001 E. Lafayette Street is also available for separate purchase, presenting the possibility of acquiring a larger contiguous parcel. The property's Wayne County location, with a Detroit zip code of 48207, places it within a dynamic and developing area. The APN is 15000144-6. This is a rare chance to secure a well-situated commercial lot with significant development potential. Don't miss this opportunity to acquire a valuable asset in a thriving Detroit location.
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
- -83.0057
- Latitude
- 42.35
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
