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531 E Grand Blvd
0.81 Acres of Residential Land Offered at $488,203 CAD in Detroit, MI 48207
INVESTMENT HIGHLIGHTS
- Vibrant Islandview neighborhood
- Residential development opportunity
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $488,203 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.81 AC |
| Property Type | Land | Cross Streets | Vernor Highway |
| Price | $488,203 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.81 AC |
| Cross Streets | Vernor Highway |
1 LOT AVAILABLE
Lot
| Price | $488,203 CAD | Lot Size | 0.81 AC |
| Price Per AC | $602,719.24 CAD |
| Price | $488,203 CAD |
| Price Per AC | $602,719.24 CAD |
| Lot Size | 0.81 AC |
1 parcel: 531 E. Grand - 0.80 acres | 35,000sf - 146' frontage on East Vernor Hwy. - 240' frontage on East Grand Blvd.
DESCRIPTION
Presenting a unique development opportunity at 531 E Grand Blvd & Vernor Highway, Detroit, MI 48207. This 0.8-acre corner lot is located in the vibrant Islandview neighborhood, offering 146 feet of frontage on East Vernor Highway and 240 feet on East Grand Blvd. Zoned R5 for medium-density residential use, this site is ideal for a variety of development projects, including single-family homes, townhomes, or apartment buildings. With its prime location and versatile zoning, this property is perfect for investors looking to capitalize on Detroit's growing real estate market. Don't miss out on this exceptional opportunity to create a dynamic living space in a thriving community!
PROPERTY TAXES
| Parcel Number | 15-0080569 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $24,684 CAD |
PROPERTY TAXES
ZONING
| Zoning Code | R5 (Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some c) |
| R5 (Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some c) |
Presented by
531 E Grand Blvd
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