8400 Woodward Ave Detroit, MI 48202
- Commercial land
- 13,137 SF
- 0.43 lot acres
Current Use by Public Records
- Commercial land
Property Details for 8400 Woodward Ave
- Year built
- 1957
- Lot size
- 0.43 lot acres
- Property size
- 13,137 SF
- Zone code
- B4
- Property type
- Commercial land
- APN
- 01004323.
- APU
- 1004323
Description
This exceptional 0.69-acre commercial land parcel presents a rare redevelopment opportunity in Detroit's vibrant North End. Located at 8400 Woodward Avenue, this prime corner lot boasts a highly desirable B4 zoning classification, opening doors to a wide range of commercial development possibilities. The property's strategic location on Woodward Avenue ensures high visibility and accessibility, with an estimated 19,000 vehicles passing daily. This translates to significant potential for attracting customers and maximizing return on investment. The substantial lot size offers ample space for a variety of projects, from retail establishments and restaurants to office buildings or mixed-use developments. Given its prime location and zoning, this property represents a unique chance to capitalize on the ongoing revitalization of Detroit's North End. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $625,000. Wayne County, Michigan, zip code 48202.
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
- -83.0777
- Latitude
- 42.3776
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
