Property profile

282 E Euclid St Detroit, MI 48202

FOR SALE
Land
Property ID
US43-0319450
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282 E Euclid St, Detroit, MI 48202 For Sale
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282 E Euclid St, Detroit, MI 48202
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Property summary

AI-generated overview

This exceptional 3,600 square foot residential land parcel is situated at 282 E Euclid St, Detroit, MI 48202, within Wayne County. Zoned for residential use, this property presents a remarkable opportunity for development in Detroit's vibrant North End neighborhood. The asking price is $20,000. The lot's dimensions offer considerable potential for a variety of residential projects. Given its location and zoning, this property is well-suited for new construction, offering a blank canvas for a custom home or a smaller multi-family dwelling. The property is currently vacant, simplifying the development process. While this listing focuses on the 282 E Euclid St property, it's worth noting that additional vacant lots are available in the area at 74, 90, 403, 267, and 414 Melbourne, and 527 Marston Street. Interested parties may inquire about potential price improvements for a package deal involving multiple lots. This presents a unique chance to acquire a single lot or assemble a larger portfolio of land in a rapidly developing area of Detroit. The property's coordinates are 42.378389 latitude and -83.0740381 longitude.

Property profile

Verified
Property type Land
UPID US43-0319450

Cap rate & NOI

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

Location

282 E Euclid St Detroit, MI 48202
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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