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503 E Edsel Ford Rd 0.25 Acres of Residential Land Offered at $200,000 in Detroit, MI 48202
INVESTMENT HIGHLIGHTS
- Near Woodward and Grand Blvd
- Adjacent to many land bank parcels
- Quickly developing Area
EXECUTIVE SUMMARY
Located in the rapidly growing Milwaukee Junction neighborhood, this 11,050-square-foot vacant lot offers a prime development opportunity. Nearby developments include the $37-million 411 Piquette Plant apartment renovation and the growing retail and entertainment district on Grand Blvd, the Detroit Design District. Current zoning is R5, which allows for high-density housing development with some commercial uses.
PROPERTY FACTS
| Price | $200,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.25 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-5 | ||
| Price | $200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.25 AC |
| Opportunity Zone |
Yes |
| Zoning | R-5 |
1 LOT AVAILABLE
Lot
| Price | $200,000 | Lot Size | 0.25 AC |
| Price Per AC | $800,000.00 |
| Price | $200,000 |
| Price Per AC | $800,000.00 |
| Lot Size | 0.25 AC |
Located in the rapidly growing Milwaukee Junction neighborhood, this 11,050-square-foot vacant lot offers a prime development opportunity. Nearby developments include the $37-million 411 Piquette Plant apartment renovation and the growing retail and
DESCRIPTION
Located in the rapidly growing Milwaukee Junction neighborhood, this 11,050-square-foot vacant lot offers a prime development opportunity. Nearby developments include the $37-million 411 Piquette Plant apartment renovation and the growing retail and
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 03-001676 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,600 |
PROPERTY TAXES
Parcel Number
03-001676
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,600
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503 E Edsel Ford Rd
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