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1075 Coplin St 0.45 Acres of Commercial Land Offered at $175,000 in Detroit, MI 48215
Investment Highlights
- Lots of foot traffic and vehicle traffic near the property.
- Open field with trees and shrubs near the property borders.
- Land ready to be developed into residential including higher density residential.
Executive Summary
Almost half an acre of vacant land zoned commercial in the Jefferson corridor of the rising Jefferson Chalmers neighborhood is ready to be sold to the right group. This land used to have a 30 plus unit apartment building on the lot and could be redeveloped to have that or other residential/commercial use. There is a newer sidewalk in front of the property, a grassy field with few trees and shrubbery on the edges of the property. Vacant land like this in rising areas of Detroit are prime for redevelopment as the city continues making its comeback. Numerous spots around this area are evidence of economic growth and redevelopment. Come and visit for yourself and make an offer!
Property Facts
| Price | $175,000 | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 0.45 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Commercial | ||
| Price | $175,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.45 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $175,000 | Lot Size | 0.45 AC |
| Price Per AC | $388,888.89 |
| Price | $175,000 |
| Price Per AC | $388,888.89 |
| Lot Size | 0.45 AC |
Almost half an acre of vacant land zoned commercial in the Jefferson corridor of the rising Jefferson Chalmers neighborhood is ready to be sold to the right group. This land used to have a 30 plus unit apartment building on the lot.
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-0037445 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,900 |
Property Taxes
Parcel Number
12-0037445
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,900
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Contact the Sale Advisor
1075 Coplin St