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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    3550 John C Ldg Fwy, Detroit, MI 48201-2960

    2.28 ac lot Built 1978
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US43-1771510
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1978
    Lot 2.28 ac (99,317 SF)
    Zoning code SD2
    APN 04000665-9
    UPID US43-1771510
    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
    Current use
    Occupant on record · Public records
    • Immersion Foreign Language High School
    • 3550 John C Lodge LLC High School
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Landy Cass LLC · 3 yrs held
    Landy Cass LLC
    since 2023
    4 recorded transactions
    2023
    2023
    2019
    $725,000
    2018
    Zoning & alternative use
    SD2 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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