1020 Field St, Detroit, MI 48214
Exceptional opportunity to acquire five contiguous residential lots totaling 160 feet of frontage on Field Street in Detroit, Michigan, zip code 48214. This prime property is ideally situated in the rapidly developing Islandview neighborhood, offering unparalleled potential for new construction or green space development. The lots are conveniently located minutes from the Detroit Riverfront and downtown, providing easy access to a wealth of amenities, parks, and cultural attractions. Islandview's strategic location, adjacent to West Village, the East Riverfront, and Belle Isle, positions this investment in one of Detroit's most promising areas. The property benefits from its proximity to local conveniences while maintaining the peaceful atmosphere of a residential neighborhood. This unique offering presents a rare chance to participate in Detroit's revitalization. The seller has already completed a survey and environmental assessment, which are available upon request. The asking price for this exceptional opportunity is $175,000. This is a standard (private) sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.