This exceptional .32-acre commercial land parcel, located at 3915 Beaufait Street in Detroit, Michigan, presents a compelling investment opportunity. Zoned M4, this property offers significant potential for a variety of commercial uses. The lot features a substantial, existing commercial fence, adding considerable value. The property's size and zoning make it ideal for various development projects. The parcel's address is 3915 Beaufait Street, Detroit, MI 48207, with Wayne County as the county and an APN of 150133246. The asking price for this property is $50,000. Note that an adjacent property at 3908 Meldrum is available for an additional cost, bringing the total potential investment to $80,000. The property is being sold "as is." This is a rare opportunity to acquire a well-located, commercially zoned lot in a developing area of Detroit. The property's latitude and longitude coordinates are 42.36456 and -83.021033 respectively. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,257,472
Hospitality
$2,983,827
Educational
$2,482,509
Medical
$2,567,886
Retail
$3,861,680
Location Insight
City
Detroit
County
Wayne
State
Michigan
Latitude
42.3646
Longitude
-83.021
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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.
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