3550 John C Ldg Fwy, Detroit, MI 48201-2960
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the heart of Midtown Detroit. Located at 3550 John C Lodge Freeway, this property boasts unparalleled visibility due to its prime corner location at the intersection of John C Lodge Freeway and MLK Boulevard. The site's strategic position ensures exposure to over 100,000 vehicles daily, providing significant marketing potential for any development. The property is zoned SD-2, allowing for a diverse range of uses, including residential (multi-family dwellings), institutional buildings, retail spaces, service businesses, commercial enterprises, self-storage facilities, and low-impact manufacturing. This flexibility makes it ideal for a variety of projects. The parcel's size and zoning provide ample opportunity for substantial development, capitalizing on the area's vibrant growth and proximity to the Sports & Entertainment District. The asking price for this exceptional property is $3,650,000. The Wayne County Assessor's Parcel Number (APN) is 04000661-77. This is a rare chance to acquire a significant land holding in a rapidly developing area of Detroit, Michigan, with exceptional visibility and diverse development potential. The property's location in the 48201 zip code offers easy access to major transportation arteries and a thriving urban environment.
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Immersion Foreign Language High School
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3550 John C Lodge LLC High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
SD2 · Detroit, MIDetroit. Always verify with local authorities before improvements.
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.