This exceptional 0.7-acre parcel, encompassing two combined lots (W21I000488S & W21I000487S001), presents a unique development opportunity in Detroit, Michigan. Located at 10410 E. Jefferson Ave, this property boasts a highly desirable B4 zoning designation, opening doors to a wide range of commercial and residential projects. Its prime location on E. Jefferson Avenue places it in close proximity to the vibrant Indian Village and East Village neighborhoods, offering easy access to amenities and a thriving community. The property is conveniently situated just one block from the Roostertail and within walking distance of Belle Isle, providing unparalleled access to recreational opportunities and stunning waterfront views. The asking price for this exceptional land is $575,000. This is a rare chance to acquire a significant piece of land in a rapidly developing area of Detroit, ideal for investors seeking high-return potential. The property is privately owned and ready for immediate development. Detailed zoning information and site plans are available upon request.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,857,017
Hospitality
$3,533,006
Educational
$2,939,420
Medical
$3,040,511
Retail
$4,572,431
Location Insight
City
Detroit
County
Wayne
State
Michigan
Latitude
42.3629
Longitude
-82.9784
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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