531 E Grand Blvd
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531 E Grand Blvd
0.81 Acres of Residential Land Offered at $340,000 in Detroit, MI 48207
Investment Highlights
- Vibrant Islandview neighborhood
- Residential development opportunity
Executive Summary
We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood. Development Potential - Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses. - 16 townhome or 30 apartment development Property Description - 1 parcel: 531 E. Grand - 0.80 acres | 35,000sf - 146' frontage on East Vernor Hwy. - 240' frontage on East Grand Blvd. This site is also part of a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.
Property Facts
| Price | $340,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 0.81 AC |
| No. Lots | 1 | Cross Streets | Vernor Highway |
| Property Type | Land |
| Price | $340,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.81 AC |
| Cross Streets | Vernor Highway |
1 Lot Available
Lot
| Price | $340,000 | Lot Size | 0.81 AC |
| Price Per AC | $419,753 |
| Price | $340,000 |
| Price Per AC | $419,753 |
| 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.
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PROPERTY TAXES
| Parcel Number | 15-0080569 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $17,400 |
PROPERTY TAXES
Parcel Number
15-0080569
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$17,400
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) |
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531 E Grand Blvd
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