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    Farwell, MI
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    Farwell, MI Residential Land & Home Lots for Sale

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    Seven-Lot Planned Development Parcel
    Updated: Aug 15, 2025
    Seven-Lot Planned Development Parcel

    2500 Alter Road, Detroit, MI 48215

    $350,000
    1,420 sqft · 0.83 AC lot
    Large development property with seven vacant lots bordering Grosse Pointe Park
    Six contiguous parcels plus one additional lot for flexible development layouts and site planning
    Large brick structure on one lot with plumbing and electrical utilities
    Public water available
    Zoned PD – Planned Development
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    This listing looks promising.

    Here's a quick look at some key insights for

    2500 Alter Road, Detroit, MI 48215

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $250K
      Suggested
    View Property Analytics
    Cleared Development Land
    Updated: Jun 26
    Cleared Development Land

    1601 Leverette Street, Detroit, MI 48216

    $374,900
    0.23 AC lot
    0.23‑acre cleared vacant land in Detroit’s Corktown neighborhood, ready for development
    Zoned R3 with designation in Zone 1 of a local historic district
    Flexible development options for a single‑family home, multi‑unit residential, or potential mixed‑use project
    Within walking distance of Michigan Central Station
    Surrounded by nearby businesses including The Godfrey Hotel, Ottava Via, The Yard, Cork & Gabel, and Chase/Citizens banks
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    Commercial Land Parcel with Flex Use
    Commercial Land Parcel with Flex Use

    6300 Puritan Street, Detroit, MI 48238

    $2,500,000
    0.33 AC lot

    Mixed commercial and residential zoning supports multiple development concepts, subject to municipal approval and due diligence.

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    Turnkey Investment Portfolio Opportunity
    Turnkey Investment Portfolio Opportunity

    12735 Lawton Street, Detroit, MI 48238

    $965,000
    1,108 sqft · 0.02 AC lot

    Nine renovated single-family homes and a vacant lot in Detroit.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Investment Portfolio in Detroit
    Turnkey Investment Portfolio in Detroit

    12741 Lawton Street, Detroit, MI 48238

    $965,000
    1,108 sqft · 0.02 AC lot

    Nine renovated single-family homes with a vacant lot for parking.

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    Assembled Detroit Development Land
    Assembled Detroit Development Land

    11400 E Jefferson Avenue, Detroit, MI 48214

    $4,000,000
    0.58 AC lot

    Six-parcel portfolio totaling 4.54 acres with commercial and light industrial zoning options for flexible redevelopment.

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    Turnkey Investment Portfolio in Detroit
    Turnkey Investment Portfolio in Detroit

    2911 GLENDALE Street, Detroit, MI 48238

    $965,000
    1,076 sqft · 0.03 AC lot

    Nine renovated single-family homes with a vacant lot for parking.

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    Turnkey Investment Portfolio in Detroit
    Turnkey Investment Portfolio in Detroit

    2907 GLENDALE Street, Detroit, MI 48238

    $965,000
    1,076 sqft · 0.03 AC lot

    Nine renovated single-family homes with a vacant lot.

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    Residential Development Land
    Residential Development Land

    Franklin, MI 48025

    $799,999
    2.26 AC lot

    Corner residential site in Beverly Hills with an existing ranch home and room to build or renovate on 2+ acres.

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    Detroit Land Development Opportunity
    Detroit Land Development Opportunity

    1444-448 Fischer Street, Detroit, MI 48214

    $100,000
    0.14 AC lot

    Double lot near Indian Village, ideal for custom residence.

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    Multi-Family Investment Opportunity in Detroit
    Multi-Family Investment Opportunity in Detroit

    13505 Greiner Street, Detroit, MI 48205

    $50,000
    3,060 sqft · 0.15 AC lot

    Two multi-family homes and two vacant land parcels for sale.

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    Detroit Land Bundle For Sale
    Detroit Land Bundle For Sale

    2739 BUCHANAN Street, Detroit, MI 48208

    $150,000
    0.06 AC lot

    Nine residential lots totaling 54,835 sqft in Detroit, Michigan.

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    Multi-Family Homes and Vacant Land
    Multi-Family Homes and Vacant Land

    13449 GREINER Street, Detroit, MI 48205

    $50,000
    3,060 sqft · 0.17 AC lot

    Two multi-family homes and two vacant land parcels.

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    Detroit Land Bank Opportunity
    Detroit Land Bank Opportunity

    3932 18TH Street, Detroit, MI 48208

    $150,000
    0.10 AC lot

    Fifteen bundled lots totaling 60,000 sqft in Detroit.

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    Residential Lots in Islandview, Detroit
    Residential Lots in Islandview, Detroit

    2151 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots for sale in Detroit.

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    Islandview Residential Lots Bundle
    Islandview Residential Lots Bundle

    2161 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Detroit's Islandview neighborhood.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2167 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    12 residential lots in Islandview neighborhood, ideal for development.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2180 Sheridan Street, Detroit, MI 48214

    $120,000
    0.10 AC lot

    Twelve residential lots for development in Detroit's Islandview neighborhood.

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    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2170 Sheridan Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    12 residential lots for coordinated infill development in Islandview.

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    Detroit Residential Lots Bundle
    Detroit Residential Lots Bundle

    2157 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Islandview neighborhood.

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    Detroit Residential Lots Bundle
    Detroit Residential Lots Bundle

    2185 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Islandview neighborhood.

    View details
    Detroit Residential Land Bundle
    Detroit Residential Land Bundle

    2179 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Islandview neighborhood.

    View details
    Detroit Land Bundle Opportunity
    Detroit Land Bundle Opportunity

    2203 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Detroit's Islandview neighborhood.

    View details
    Detroit Land Bundle For Sale
    Detroit Land Bundle For Sale

    2173 Townsend Street, Detroit, MI 48214

    $120,000
    0.07 AC lot

    Bundle of 12 residential lots in Detroit's Islandview neighborhood.

    View details

    Farwell, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 455 residential land & home lots for sale in Farwell, MI, showcased through 455 active listings on our real estate platform. These investment opportunities span a total of 17,570 square feet of properties for sale, with an estimated market value of $4,460,000.

    Sale prices for home sites in Farwell, MI start at $50,000, averaging $557,500, and reaching up to $965,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 45
    Recreation land 31
    Waterfront Land 3
    Hunting land 1

    Demographics Overview

    Population 5,970
    Population Growth (5Y) -4.7%
    Median Household Income $57,500
    College Educated 24.3%

    High-Yield Neighborhoods for Investment

    Identify Farwell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48622 $8.7K

    Taxes & Financing

    Tax Rate (average for all types) 3.52%
    Tax Rate vs County Average 0.83 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Popular Searches in Farwell, MI

    Most Searched ZIP Codes in Farwell, MI

    • 48208
    • 48202
    • 48207
    • 48214
    • 48216
    • 48211
    • 48206
    • 48215
    • 48210
    • 48204
    • 48205
    • 48219

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