1753 Mcnichols RdDetroit, MI 48203

Property Details for 1753 Mcnichols Rd

Lot size

0.16 AC

Zone code

B4

Property type

Industrial land

APN

09006660.

APU

9006660

Description

This exceptional 0.48-acre commercial land parcel, located at 1753 E McNichols Rd, Detroit, MI 48203, presents a unique investment opportunity. Zoned B4, this property is ideally situated within a designated electric vehicle (EV) corridor, aligning perfectly with the City of Detroit's initiative to expand EV charging infrastructure and retail access. The City actively encourages development proposals incorporating both retail space and DC fast chargers, offering support through partnerships with DTE Energy to ensure sufficient electrical grid capacity. This prime location boasts high visibility and benefits from proximity to job centers, tourist attractions, and residential areas, making it an attractive site for businesses seeking to capitalize on the growing EV market. The City of Detroit is actively seeking proposals for new development that will leverage the inherent strengths of this location. This is a chance to contribute to Detroit's sustainable development and the transition towards cleaner transportation while securing a valuable asset in a rapidly evolving market. The property is owned by the City of Detroit and is offered at an asking price of $42,000. This is a rare opportunity to be part of Detroit's innovative mobility ecosystem.

• Alternative Use

  Use

  Valuation

  Residential

  $1,659,301

  Hospitality

  $1,519,911

  Educational

  $1,264,548

  Medical

  $1,308,038

  Retail

  $1,967,075

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4187

Longitude

-83.0845

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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