Property profile & analytics
2348 Michigan Ave Detroit, MI 48216
- Commercial land
- 0.12 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1258027
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial land
Property Details for 2348 Michigan Ave
- Lot size
- 0.12 lot acres
- Zone code
- B4
- Property type
- Commercial land
- APN
- 10000278.
- APU
- 10000278
Description
This exceptional mixed-use development opportunity sits on approximately 1.44 acres spanning two city blocks in the vibrant Corktown neighborhood of Detroit, Michigan. Located at 2348 Michigan Avenue, this Class A property boasts a prime location directly across from Ford's Michigan Central Station, benefiting from the significant revitalization and investment currently transforming the area. The proposed development encompasses a total of approximately 500,000 square feet of net rentable space, strategically divided to maximize potential returns. This includes an estimated 115,000 square feet of residential space, catering to the growing demand for urban living
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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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
- -83.079
- Latitude
- 42.3317
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$409
$0.00
$0.00
$99,000
-
$0.00
$0.00
$198,000
