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High-Traffic Midtown Redevelopment Site 3550 John C Lodge Fwy 78,850 SF Specialty Building Online Auction Sale Detroit, MI 48201
Investment Highlights
- 2.27-acre Midtown Detroit site, formerly the Delta Prep Academy, has flexible zoning for residential, retail, or commercial redevelopment projects.
- Qualified developments can benefit from placement within a designated Opportunity Zone, providing significant capital gains tax incentives.
- Supported by a 2-mile population of over 51,000, with a large renter population and total consumer spending of more than $562M during 2024.
- Located at a high-traffic corner, the property is highly visible to over 100,000 daily vehicles, with access via major freeways and the Qline.
- Convenient proximity to top demand drivers, including Detroit Medical Center, Wayne State University, the MGM Grand, and Major League sports venues.
- Sought-after development area, with over $100 million of planned, in progress, and completed capital projects within 100-yards of the site.
Executive Summary
O’Connor Real Estate presents an exceptional investment opportunity in Midtown Detroit to reimagine the former Delta Prep Academy at 3550 John C Lodge Freeway. Spanning 2.27 acres, this highly visible land site offers flexible zoning that welcomes a range of possibilities, including multifamily residential, retail, service, commercial, self-storage, or low-impact manufacturing. The property is currently improved by a 78,850-square-foot distressed educational facility, ready for visionary transformation. Situated in a designated Opportunity Zone, the site also offers significant capital gains tax incentives for qualifying developments.
Located at the corner of John C Lodge Freeway and Martin Luther King Jr Boulevard, the site commands attention from more than 100,000 vehicles each day, giving top-of-mind positioning for retail and housing projects. Proximity to Interstates 75 and 94 ensures seamless regional connectivity, while walkable Qline stops enhance accessibility and urban appeal. Additionally, 4th Street and Brainard Street has planned street expansions to connect with MLK and the John C Lodge service drive. The locations exceptional connectivity places it within a short drive of Detroit’s premier destinations, including the Detroit Medical Center, Wayne State University, Little Caesars Arena, Comerica Park, Ford Field, and MGM Grand Detroit, creating lasting demand for new residential and commercial ventures.
3550 John C Lodge Freeway sits within one of Detroit's most sought-after development destinations, with more than $100 million in planned, in progress, and completed capital projects located within 100 yards of the property. Just one block north of the building is the site of the recently completed Jefferson Hub, a $40+ million reimagining of another former school. Directly adjacent to the site, the city has completed a new public park and the second phase of the Midtown West Detroit development has recently gone vertical, estimated at over $50 million of total investment when fully stabilized.
A new development at the site will find robust demographic support within a 2-mile radius, with over 51,000 residents, 84% of whom are renters, and consumer spending exceeding $562 million in 2024, including more than $85 million directed toward household segments. The local submarket boasts retail vacancies of just 5%, with rents trending 10% above the metro average, underscoring the area’s appetite for new retail inventory. At 3550 John C Lodge Freeway, the rare combination of generous tax incentives, development versatility, and unbeatable location offers the ideal platform for developers and investors looking to make a significant impact on the future of Midtown Detroit.
Property tours are by appointment only. Please contact the listing broker to schedule.
Located at the corner of John C Lodge Freeway and Martin Luther King Jr Boulevard, the site commands attention from more than 100,000 vehicles each day, giving top-of-mind positioning for retail and housing projects. Proximity to Interstates 75 and 94 ensures seamless regional connectivity, while walkable Qline stops enhance accessibility and urban appeal. Additionally, 4th Street and Brainard Street has planned street expansions to connect with MLK and the John C Lodge service drive. The locations exceptional connectivity places it within a short drive of Detroit’s premier destinations, including the Detroit Medical Center, Wayne State University, Little Caesars Arena, Comerica Park, Ford Field, and MGM Grand Detroit, creating lasting demand for new residential and commercial ventures.
3550 John C Lodge Freeway sits within one of Detroit's most sought-after development destinations, with more than $100 million in planned, in progress, and completed capital projects located within 100 yards of the property. Just one block north of the building is the site of the recently completed Jefferson Hub, a $40+ million reimagining of another former school. Directly adjacent to the site, the city has completed a new public park and the second phase of the Midtown West Detroit development has recently gone vertical, estimated at over $50 million of total investment when fully stabilized.
A new development at the site will find robust demographic support within a 2-mile radius, with over 51,000 residents, 84% of whom are renters, and consumer spending exceeding $562 million in 2024, including more than $85 million directed toward household segments. The local submarket boasts retail vacancies of just 5%, with rents trending 10% above the metro average, underscoring the area’s appetite for new retail inventory. At 3550 John C Lodge Freeway, the rare combination of generous tax incentives, development versatility, and unbeatable location offers the ideal platform for developers and investors looking to make a significant impact on the future of Midtown Detroit.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
Property Facts
| Sale Type | Investment | Building Size | 78,850 SF |
| Sale Condition | Auction Sale | No. Stories | 2 |
| Type of Ownership | Fee Simple | Year Built | 1955 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | School | Parking Ratio | 0.72/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.27 AC | Parcel Number | 04-000665-9 |
| Zoning | SD2 - Special Development District | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 2.27 AC |
| Building Size | 78,850 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Tenancy | Single |
| Parking Ratio | 0.72/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | SD2 - Special Development District |
| Parcel Number | 04-000665-9 |
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (95)
Sale Advisors
Sale Advisors
Sloane Walsh, Associate
Sloane focuses on sales and leasing - primarily in downtown Detroit and the surrounding neighborhoods. Sloane's strong work ethic and passion for the city make him a valuable asset to the Avison Young team.
Prior to joining Avison Young, Sloane attended Culverhouse College of Business at The University of Alabama. Sloane is a Birmingham, Michigan native and a graduate of Brother Rice High School.
Prior to joining Avison Young, Sloane attended Culverhouse College of Business at The University of Alabama. Sloane is a Birmingham, Michigan native and a graduate of Brother Rice High School.
Vincent Mazzola, Senior Associate
Vincent has 10 years of experience working in commercial real estate. He is currently a Senior Associate at O'Connor Real Estate focused on commercial sales and leasing.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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High-Traffic Midtown Redevelopment Site | 3550 John C Lodge Fwy
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