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1300 McDougall Ave 4.74 Acres of Commercial Land Offered at $2,495,000 in Detroit, MI 48207
Investment Highlights
- Strong Rental Demand & Neighborhood Growth.
- Potential Developer Incentives Available.
- Close Proximity to Downtown Detroit.
Executive Summary
Prime development opportunity to acquire a 4.74 - acre, multi-family development in a strengthening Detroit submarket. Surrounded by established residential housing and ongoing reinvestment, the property is ideally positioned to meet growing rental demand. This site offers an efficient footprint for apartment or townhome development with convenient access to Downtown Detroit and major employment corridors.
Property Facts
| Price | $2,495,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.74 AC |
| Property Type | Land | ||
| Zoning | PD - Planned Development District | ||
| Price | $2,495,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.74 AC |
| Zoning | PD - Planned Development District |
1 Lot Available
Lot
| Price | $2,495,000 | Lot Size | 4.74 AC |
| Price Per AC | $526,371.31 |
| Price | $2,495,000 |
| Price Per AC | $526,371.31 |
| Lot Size | 4.74 AC |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
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1300 McDougall Ave
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