2611 Wabash St Detroit, MI 48216
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2611 Wabash St
- Property type
- Commercial real estate
Description
This exceptional 5,961 square foot residential lot presents a remarkable development opportunity in Detroit's burgeoning North Corktown neighborhood. Located at 2611 Wabash Street, this rectangular parcel (approximately 42 feet by 141 feet) is ideally situated due west of Oakland Housing's recently completed North Corktown development, offering immediate proximity to new construction and the area's revitalization efforts. The property is zoned R3, providing flexibility for various residential development projects. Its substantial size allows for significant building potential, making it an attractive investment for builders and developers seeking to capitalize on the growing demand for housing in this rapidly transforming area of Detroit. The address is 2611 Wabash Street, Detroit, Michigan, 48216, within Wayne County. The asking price for this prime development land is $150,000. This represents a unique chance to participate in the ongoing revitalization of North Corktown and secure a valuable asset in a highly sought-after location. The lot's dimensions and location offer exceptional potential for a high-return residential development.
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
- -83.0765476
- Latitude
- 42.3335827
