1980 Elmhurst StDetroit, MI 48206

For Sale
$9,841

Prime 0.11-acre lot, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.11-acre parcel of land, located at 1980 Elmhurst St, Detroit, MI 48206 (APN: W08I003582S), presents a compelling investment opportunity in a rapidly developing area. Zoned for multi-family use, this property offers significant potential for both residential and commercial development. Situated in Wayne County, the land's strategic location on Rosa Parks Boulevard places it within a high-demand zone where investors are actively seeking properties. The asking price is $9,841, translating to a land value of $89,463.63 per acre. This represents a unique chance to capitalize on the current market trends and build immediate equity or hold for future appreciation. The property's versatility allows for a range of development options, catering to diverse investment strategies. Whether you choose to develop the land immediately or hold it as a long-term investment, this property promises substantial returns. Don't miss this chance to secure a piece of Detroit's thriving real estate market. Act quickly, as opportunities like this are quickly snatched up.

Highlights

  • $9,841 asking price for 0.11-acre lot.
  • Multi-family zoning permitted.
  • Located in Detroit, MI at 1980 Elmhurst St, Wayne County, 48206.
  • Land value: $89,463.63/acre.
  • Excellent development opportunity for commercial or residential use.

Property Details for 1980 Elmhurst St

Property type
Other land, Land
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.387399491928
Longitude
-83.108401237721
1980 Elmhurst St, Detroit, Michigan

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1980 Elmhurst St
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