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2601-2641 Trumbull St - 1.6 Acres | North Corktown 1.6 Acres of Commercial Land Offered at $400,000 in Detroit, MI 48216
Executive Summary
Landbank Parcels 2623 Trumbull, 2609 Trumbull, 1568 Pine
Property Facts
1 Lot Available
Lot
| Price | $400,000 | Lot Size | 1.60 AC |
| Price Per AC | $250,000.00 |
| Price | $400,000 |
| Price Per AC | $250,000.00 |
| Lot Size | 1.60 AC |
Description
Prominently located in North Corktown, this 1.6-acre development site offers more than 248 feet of frontage along Trumbull Avenue. The property includes conceptual plans for an 80-unit apartment building and is ideally positioned within walking distance to Corktown and Ford's Michigan Central Station, which recently unvailed its transformative $740 million renovation. Ford's Corktown Campus is projected to bring over 5,000 new jobs to the area, creating demand for approximately 1,100 new residential units-making this an ideal opportunity for residential development. The seller has completed an ALTA survey, Phase I and Il environmental assessments, and a Baseline Environmental Assessment (BEA). Additional adjacent parcels may be available through the Detroit Land Bank Authority, offering further potential for expansion. The Seller has received multiple offers on the property and will be conducting a Highest and Best process. All final offers are requested by Wednesday, July 15.
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2601-2641 Trumbull St - 1.6 Acres | North Corktown
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