Commercial Land
3531 Grand River Avenue Detroit, MI 48208
Details & Description
Price: $1,100,000
    Description.48 Acres of land for sale in a highly visible area of Detroit, right at the intersection of Grand River Ave, Trumbull Ave, and Martin Luther King Blvd. The land can be expanded to include the city block with Detroit Land Bank acquisitions. Perfect opportunity for fast food, residential, gas station, commercial, and mixed-useThe property is located in a high-trafficked area of Detroit - close to Motor City Casino, Wayne State University, and the Woodbridge and Corktown neighborhoods.HighlightsLand can be expanded to city block with Detroit Land BankClose to Motor City Casino, Wayne State University and the Woodbridge & Corktown neighborhoods157' of Frontage on Grand River Ave with curb cutsThe population is 266,000 within a 5-mile radiusPerfect opportunity for fast food, gas station, residential/mixed-use, commercial
    Property ID:    197535
    Property URL: melqr.com/197535
    Generated:    04-19-24
    Listing Agents
    Levi Smith

    O: 248-331-0205
    M: 248-496-3339
    levi@pacommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Commercial Land / Michigan / Detroit / 48208 / 3531 Grand River Avenue

    3531 Grand River Avenue

    Detroit, MI 48208

    No Longer Listed
    3531 Grand River Avenue Detroit, MI 48208 | for Sale | Photo 1
    Price
    $ /mo
    Description

    Description

    .48 Acres of land for sale in a highly visible area of Detroit, right at the intersection of Grand River Ave, Trumbull Ave, and Martin Luther King Blvd. The land can be expanded to include the city block with Detroit Land Bank acquisitions. Perfect opportunity for fast food, residential, gas station, commercial, and mixed-use

    The property is located in a high-trafficked area of Detroit - close to Motor City Casino, Wayne State University, and the Woodbridge and Corktown neighborhoods.

    Highlights

    Land can be expanded to city block with Detroit Land Bank

    Close to Motor City Casino, Wayne State University and the Woodbridge & Corktown neighborhoods

    157' of Frontage on Grand River Ave with curb cuts

    The population is 266,000 within a 5-mile radius

    Perfect opportunity for fast food, gas station, residential/mixed-use, commercial

    Attachments & Files
    newsalebrochure-4-Q3X-jc3.pdf

    Detroit Area Market Trends

    Listing Demographics for 3531 Grand River Avenue Detroit, MI 48208

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population17,332106,109276,544
    Population Median Age353737
    Population by Age0-9 Yrs1704 (9%)12272 (11%)37866 (13%)
    10-19 Yrs1544 (8%)11885 (11%)37085 (13%)
    20-29 Yrs5555 (32%)22551 (21%)48478 (17%)
    30-39 Yrs2500 (14%)14292 (13%)35489 (12%)
    40-49 Yrs1472 (8%)11385 (10%)30381 (10%)
    50-59 Yrs1573 (9%)12527 (11%)33233 (12%)
    60-69 Yrs1786 (10%)12136 (11%)30419 (10%)
    70+ Yrs1197 (6%)9061 (8%)23593 (8%)
    Median HH Income$22,291$28,469$27,966
    Total Household Income< 24K4682 (54%)22872 (46%)51662 (45%)
    25-49K1685 (19%)11326 (22%)28552 (25%)
    50-74K820 (9%)6248 (12%)14074 (12%)
    75-99K611 (7%)3735 (7%)7766 (6%)
    100-199K588 (6%)4303 (8%)8457 (7%)
    200K+182 (2%)1188 (2%)2078 (1%)
    Highest Education LevelNo Diploma17711416844093
    Diploma or GED25771870450951
    Some College25291531237634
    Assoc. Degree655401810079
    Bachelors Degree23701053320207
    Higher Degree1482865815044
    Total Housing Units11,07867,603158,125
    --Owner-Occupied1,31013,57842,299
    --Renter-Occupied7,25836,09470,290
    Owner-Occupied Values< 100K369784930349
    100-199K29425416029
    200-299K27216672945
    300-399K1657931502
    400-499K113395649
    500K+98332824
    Total Working Age Population14,79887,643217,595
    In Work Force8,50448,261111,168
    Not In Work Force6,29439,382106,427
    Workforce Employed7,57942,85397,738
    Workforce Unemployed9265,38713,370
    Civlian Workforce8,50448,240111,107
    Military Workforce02161
    Total Households8,56849,673112,588
    Family Households2,31818,18750,392
    Non-Family Households6,25131,48662,196
    Married Couple8007,70423,899
    Other Family1,51810,48226,493
    Married w/Child2452,80511,363
    Single Male w/Child1297152,217
    Single Female w/Child8595,04911,017

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3531 Grand River Avenue in Detroit?
    The asking price for 3531 Grand River Avenue is $1,100,000
    How much land does the Detroit, MI property at 3531 Grand River Avenue include?
    3531 Grand River Avenue in Detroit includes 0.480 acres of land
    What kind of Land is the propery at 3531 Grand River Avenue?
    The property at 3531 Grand River Avenue Detroit, MI 48208 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 3531 Grand River Avenue in Detroit?
    The population within 1 mile of 3531 Grand River Avenue Detroit, MI 48208 is 17,332 people.
    Who do I contact for questions about 3531 Grand River Avenue?
    You should contact the listing agent, Levi Smith, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    3531 Grand River Avenue, Detroit, MI $750,000 - 0.48
    3500 2nd Avenue, Detroit, MI CALL - 0.75
    3130 2nd Avenue, Detroit, MI CALL - 1.1
    1600 Wilkins Street, Detroit, MI $1,200,000 - 1.15
    547 Harper, Detroit, MI $975,000 - 0.94
    Clark Street and Michagan Ave, Detroit, MI CALL - 10
    1599 East Warren Avenue, Detroit, MI $3,500,000 - 3.9
    4162 St Aubin St, Detroit, MI $149,000 - 0.7
    5625 Military Street, Detroit, MI $230,000 - 1
    5625 Military Street, Detroit, MI $230,000 - 1

    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 17
    Toledo Express Airport (TOL) 64
    Cleveland Hopkins International Airport (CLE) 90
    --
    No Longer Listed
    Featured Local Vendors

    Share
    Other property types near Detroit, MI
     • Commercial Real Estate For Sale in Detroit, MI
     • Commercial Real Estate For Lease in Detroit, MI
     • Office Space For Sale in Detroit, MI
     • Office Space For Lease in Detroit, MI
     • Industrial Property For Sale in Detroit, MI
     • Industrial Property For Lease in Detroit, MI
     • Flex-Office-Warehouse Space For Sale in Detroit, MI
     • Flex-Office-Warehouse Space For Lease in Detroit, MI
     • Retail Space For Sale in Detroit, MI
     • Retail Space For Lease in Detroit, MI
     • Multifamily Housing For Sale in Detroit, MI
     • Specialty Real Estate For Sale in Detroit, MI
     • Commercial Land and Lots For Sale in Detroit, MI
     • Commercial Land and Lots For Lease in Detroit, MI