Property profile

1020 Field St Detroit, MI 48214

FOR SALE
Land
Property ID
US43-1268087
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
UPID US43-1268087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1020 Field St Detroit, MI 48214
Detroit metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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