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5842 Trumbull St - Henry Ford Hospital area- Trophy EDs and MEDs 2.74 Acres of Commercial Land Offered at $7,350,000 in Detroit, MI 48208
INVESTMENT HIGHLIGHTS
- Henry Ford Hospital and Wayne State University book end this full city block. Easy access from both I-94 and M-10 (The Lodge Freeway).
EXECUTIVE SUMMARY
Be part of the largest Urban hospital neighborhood development in the AMERICA.
Henry Ford Hospital, Wayne State University bookend and surround this 2.74 Acre parcel.
Henry Ford Hospital, Michigan State University, Detroit Pistons, Dan Gilbert Foundation, the famed Motown Museum is Expanding, Cardinal Health are all neighboring properties. Don't miss this institutional opportunity.
Details: With the recently announced $3+B Expansion in the the immediate neighborhood to the North and East.
The Motown Museum is also undergoing a major expansion, and they are one of the top tourist attraction just to the North West.
This all adds up to the most attractive new growth neighborhood in all of Detroit, including Michigan, the Midwest and America.
MANY USES POSSIBLE
1. Hotel
2. Medical office,
3. Medical Clinics,
4. Hospital Use
5. Research Facilities
6. Storage
7. Medical treatment facility/outpatient.
8. Many other uses can be imagined and built on this location.
PAST USE:
8 story building was the last use.
This PROPERTY is poised for the next legacy build, in the most exciting and untapped part of Detroit.
Detroit is classified as "investment grade "Baa2" by Moody's international in a recent 2 grade upgrade. Making Detroit "Investment Grade".
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$4,500
|
$1,642.34
|
| Operating Expenses |
$5,000
|
$1,824.82
|
| Total Expenses |
$9,500
|
$3,467.15
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $4,500 |
| Annual Per AC | $1,642.34 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per AC | $1,824.82 |
| Total Expenses | |
|---|---|
| Annual | $9,500 |
| Annual Per AC | $3,467.15 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $7,350,000 | Lot Size | 2.74 AC |
| Price Per AC | $2,682,481.75 |
| Price | $7,350,000 |
| Price Per AC | $2,682,481.75 |
| Lot Size | 2.74 AC |
TROPHY LOCATION - At Henry Ford Hospital's front door. Between Wayne State University/HFH 2.74 Acre "Superblock" The largest parcel in all of Midtown or Downtown. Easy access to I-94 and M-10 (The Lodge) M-4 Zoning allows for any use!
DESCRIPTION
This is largest parcel available in all of Midtown or downtown. Easy access to I-94 and(The Lodge) M-4 Zoning allows for any uses. Institutional Neighborhood. Henry Ford Hospital Henry Ford Health Systems Wayne state University Michigan State University Detroit Pistons - Training Facility Cardinal Health Motown Museum Industrial Hospital Laundry Dreamtroit Research Lofts Trumbull Crossing Other Loft Projects
PROPERTY TAXES
| Parcel Number | 06-006055-001 | Total Assessment | $147,200 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $4,500 |
| Improvements Assessment | $0 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Presented by
Detroit Land Company, LLC
5842 Trumbull St - Henry Ford Hospital area- Trophy EDs and MEDs
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