10905 Jefferson AveDetroit, MI 48214

  • Commercial land
  • 0.11 AC

Property Details for 10905 Jefferson Ave

Lot size
0.11 AC
Zone code
B4
Property type
Commercial land
APN
21000510.
APU
21000510

Description

This exceptional .56-acre commercial land parcel is ideally situated on East Jefferson Avenue in Detroit, Michigan, within Wayne County, zip code 48214. The property encompasses three contiguous addresses: 10905, 10911-10917, and 10921 East Jefferson Avenue. Its prime location on a major thoroughfare makes it highly attractive for various development opportunities. The land is currently vacant and presents a blank canvas for residential, retail, or professional projects. Conveniently located on a bus line, this property offers excellent accessibility. Furthermore, its proximity to the Detroit Riverfront and numerous large residential towers enhances its desirability and potential for significant return on investment. The coordinates are approximately 42.365432, -82.974688 (central point). This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of Detroit. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,004,020
    Retail / Commercial
    $982,929
    Mixed-Use / Specialty
    $944,184
    Hospitality / Lodging
    $646,835
    Office
    $901,869
    Institutional / Educational
    $968,976
    Residential Income
    $1,133,700
    Multifamily
    $1,555,070
    Automotive / Energy
    $830,550
    Parking / Income-Based Land
    $321,430
    Restaurant / Food Service
    $415,866
    Healthcare / Senior Housing
    $1,004,380

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3654
Longitude
-82.9747
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$539
-
-
$10,100
-
-
-
$20,200

FAQs

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Please email our support team at [email protected] and they will add the team member.
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