3550 John C Lodge FwyDetroit, MI 48201

Property Details for 3550 John C Lodge Fwy

Year built

1978

Lot size

2.28 AC

Zone code

SD2

Property type

Other commercial real estate

APN

04000665-9

APU

40006659

Description

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the heart of Midtown Detroit. Located at 3550 John C Lodge Freeway, this property boasts unparalleled visibility due to its prime corner location at the intersection of John C Lodge Freeway and MLK Boulevard. The site's strategic position ensures exposure to over 100,000 vehicles daily, providing significant marketing potential for any development. The property is zoned SD-2, allowing for a diverse range of uses, including residential (multi-family dwellings), institutional buildings, retail spaces, service businesses, commercial enterprises, self-storage facilities, and low-impact manufacturing. This flexibility makes it ideal for a variety of projects. The parcel's size and zoning provide ample opportunity for substantial development, capitalizing on the area's vibrant growth and proximity to the Sports & Entertainment District. The asking price for this exceptional property is $3,650,000. The Wayne County Assessor's Parcel Number (APN) is 04000661-77. This is a rare chance to acquire a significant land holding in a rapidly developing area of Detroit, Michigan, with exceptional visibility and diverse development potential. The property's location in the 48201 zip code offers easy access to major transportation arteries and a thriving urban environment.

• Alternative Use

  Use

  Valuation

  Residential

  $23,643,732

  Hospitality

  $21,657,532

  Educational

  $18,018,812

  Medical

  $18,638,506

  Retail

  $28,029,262

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3442

Longitude

-83.0671

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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