For Sale
$15,000

13131 Warren Ave Detroit, MI 48215

Prime East Warren Ave. development site

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 23.81 sq ft commercial land parcel, located at 13131 E Warren Ave, Detroit, MI 48215, presents a unique investment opportunity. Zoned for commercial use, the property is ideally situated in Wayne County and offers significant potential for various developments, including parking facilities, new commercial construction, or even green space initiatives. The asking price is $15,000, translating to $630 per square foot. Prospective buyers should be aware that the Detroit Land Bank Authority (DLBA) retains tax capture rights for five years post-sale, potentially impacting the feasibility of certain tax abatement strategies. The DLBA is open to reviewing requests to waive these rights, potentially requiring a payment in lieu of taxes, determined by a review of the development plan and its impact on financing. Detailed DLBA requirements are available in accompanying documentation. This property offers a compelling chance to shape the future of this vibrant Detroit location. Serious inquiries only. Buyer is responsible for conducting their own due diligence. The latitude and longitude coordinates are 42.3933596, -82.9655281 respectively.

Highlights

  • $15,000 asking price for commercial land.
  • Located at 13131 E Warren Ave, Detroit, MI 48215.
  • Zoned Commercial.
  • Land value: $630/SF.
  • Development proposals for parking, new commercial construction, or greenspace are sought; Detroit Land Bank Authority (DLBA) tax capture for five years post-sale may apply; DLBA may waive tax capture rights for a payment in lieu of taxes.

Property Details for 13131 Warren Ave

Property type
Land

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3933596
Longitude
-82.9655281

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FAQs

What type of property is this?
Land - Prime East Warren Ave. development site
Where is the land located?
The property is located at 13131 Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $15,000.
What are key features of this property?
This property features: $15,000 asking price for commercial land.; Located at 13131 E Warren Ave, Detroit, MI 48215.; Zoned Commercial.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Leonard Pickett
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Useful Information

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Warren Ave
Detroit, MI 48215

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Warren Ave
Detroit, MI 48215

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

13131 Warren Ave
  • Leonard Pickett
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