Property profile

443 Horton St Detroit, MI 48202

OFF-MARKET
Land
Property ID
US43-5007217
0.09 ac lot
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Property summary

AI-generated overview

This exceptional .09-acre commercial land parcel, located at 443 Horton Street in Detroit, Michigan, presents a unique investment opportunity. Situated in Wayne County, zip code 48202, this property (APN 01002045) is ideally positioned within a rapidly developing area experiencing significant revitalization. The neighborhood is characterized by increasing property values and a growing community, making this a highly attractive investment. Its convenient proximity to schools, parks, and transportation hubs further enhances its appeal. This vacant land offers a blank canvas for buyers to realize their vision, whether it be residential, commercial, or mixed-use development. The potential for long-term growth and appreciation is substantial, allowing investors to participate in Detroit's ongoing resurgence. Note that the adjacent property at 439 Horton Street is also available for purchase. This presents a unique opportunity to acquire a larger contiguous parcel for a more extensive development project. The asking price for this exceptional property is $299,900.

Property profile

Verified
Property type Land
Lot 0.09 ac (3,920 SF)
UPID US43-5007217

Cap rate & NOI

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

Location

443 Horton St Detroit, MI 48202
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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