7101 8 Mile RdDetroit, MI 48221

For Sale
$50,000

Detroit, MI: 0.15 Acres, B-4 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.15-acre commercial land parcel is strategically located on West Eight Mile Road in Detroit, Michigan, near the intersection with Livernois Avenue. The property, identified by APN numbers 16-009316 & 16-009317, is zoned B-4, offering a wide range of development possibilities. Its prime location boasts high traffic counts, ensuring excellent visibility and accessibility for any future business. The asking price for this highly desirable lot is $50,000, translating to a price per acre of $333,333. This represents a unique opportunity to acquire a well-situated commercial property in a dynamic Detroit submarket west of Woodward Avenue. The property's convenient access to major thoroughfares and its substantial traffic volume make it an ideal location for a variety of commercial ventures. Serious inquiries are encouraged to explore the potential of this valuable asset and capitalize on its significant development potential within the thriving Detroit commercial landscape. The property is vacant and ready for immediate development. The list price per square foot is $7.65. This is a rare opportunity to acquire a commercial lot in a high-traffic area of Detroit.

Highlights

  • 0.15-acre commercial lot available.
  • B-4 zoning.
  • High traffic counts on West Eight Mile Road.
  • Vacant land at West Eight Mile & Livernois, Detroit, MI.
  • $50,000 sale price.
  • Detroit submarket west of Woodward Avenue.

Property Details for 7101 8 Mile Rd

Property type
Other land, Land
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4457692
Longitude
-83.1445176
7101 8 Mile Rd, Detroit, Michigan

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7101 8 Mile Rd
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