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    OFF-MARKET
    Commercial real estate

    1020 Field St, Detroit, MI 48214

    Property ID
    US43-1268087
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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