$3,602,200 Price Analysis    ♡   Detroit, MI 48207 Unknown bed 0 bath unknown SqFt ($0/SqFt) 4.34 acre lot. Listed 2024-06-08, Taxes $7,400 | Ⓧ USDA Ineligible due to property near Detroit |
This 4.34 acre parcel of vacant land at the entrance to Eastern Market and Downtown is bounded by Gratiot Ave
St. Aubin and the Dequindre Cut Greenway. This strategically located parcel is connected to surrounding neighborhoods via a direct path to the Dequindre Cut, a two-mile, urban recreational pathway and by extension, the Detroit Riverwlk.
1920 and 1940 Gratio t lend themselves to a phased development or two separate developments and could be sold separately or together at $830, 000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.
Presented by Vincent Mazzola at
O'Connor Realty Detroit, LLC.
Property MLS #20240040227 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 920x205
Lot Size Square Feet: 189050
Map directions Map directions Map directionsAnnual Tax Amount: 5413
Source Listing Status: Active
County: Wayne
Directions: On the Dequindre cut greenway between Gratiot and St Aubin
Source Property Type: Vacant Land
Area: Det Woodward-Mcclellan/So Mack
Source Neighborhood: ELMWOOD PARK URBAN RENEWAL PLAT NO 3 (ALSO P63-70)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 090013034
Subdivision: ELMWOOD PARK URBAN RENEWAL PLAT NO 3 (ALSO P63-70)
Zoning: Commercial, Multi-Family,
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $335,400 | $7,400 |
| 2021 | $unknown + $unknown $279,500 | $5,667 |
| 2020 | $unknown + $unknown $279,500 | $5,040 |
| 2019 | $unknown + $unknown $55,900 | $4,946 |
| 2018 | $unknown + $unknown $525,500 | $39,760 |
| 2017 | $unknown + $unknown $453,000 | $39,508 |
| 2016 | $unknown + $unknown $446,300 | $39,707 |
$3,602,200
Realcomp
Water Source: Public (Municipal)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.