Log In/Sign Up
Your email has been sent.
High-Traffic Midtown Redevelopment Site 3550 John C Lodge Fwy 78,850 SF Specialty Building Online Auction Sale Detroit, MI 48201
Investment Highlights
- 3.2-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.
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 3.2 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. The site is 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.
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. The site is 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.
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
- 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 | 3.20 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 | 3.20 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 Advisor
Sale Advisor
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.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Taylor Cunningham
Contact
Auctioneer License:
Ten-X, LLC Arlene Richardson RE Brkr 6505431586
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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
Contact the Sale Advisor
High-Traffic Midtown Redevelopment Site | 3550 John C Lodge Fwy
Presented by
High-Traffic Midtown Redevelopment Site | 3550 John C Lodge Fwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.