MLS # 20261048108 (Realcomp)

PRIME DETROIT DEVELOPMENT OPPORTUNITY – 4.54ACRESSix Parcels – Commercial, Industrial & Residential ZoningAddress Zoning Acreage11400 E. Jefferson Ave. Commercial Vacant 0.57911530 E. Jefferson Ave. Commercial Vacant 0.6611320 Glover Industrial Improved 0.3071311 Hillger Residential Vacant 0.4201292 St. Jean Commercial Vacant 1.2731321 Glover Residential Vacant 1.300TOTAL 4.54 AcresPROPERTY HIGHLIGHTS¦ Strategic Location: Situated in Detroit’s East Jefferson corridor, with proximity to U.S. Citizenship and ImmigrationServices, U.S. Border Patrol, Chrysler Group, Stellantis Jefferson Assembly Plant, and a major distribution/warehousehub.¦ Flexible Zoning Mix: Commercial, industrial, and residential parcels allow diverse development options—retail,mixed-use, industrial, or housing.¦ Development Ready: Rare assemblage totaling over four acres with strong traffic counts and high visibility.¦ Economic Growth Area: In the path of Detroit’s resurgence, surrounded by automotive, logistics, and manufacturinginvestment. IDEAL USES- Retail & Service Centers- Distribution / Light Industrial Facilities- Automotive-Related Businesses- Workforce or Market-Rate Housing- Mixed-Use RedevelopmentINVESTMENT SUMMARYThis 4.54-acre multi-parcel portfolio offers a combination of scale, location, and zoning diversity in a highly activeDetroit submarket. Developers, investors, and end-users will find multiple paths to value creation in this strategiclocation—steps from major employers, transportation routes, and an expanding industrial base.¦ Location Advantage: Minutes from I-94, I-75, and the Detroit Riverfront.
Source: SparkMLS
Asking $4,000,000.
Estimated annual property tax: $2,696, or about $225 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
S JEFFERSON E 62 THRU 71 & WEST 1/2 OF VAC GLOVER AVENUE & 1/2 OF VAC ALLEY ADJ HENRY P GLOVERS SUB L24 P27 PLATS, W C R 21/262 228.38 X 134
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Glen L Brown
RE/MAX Dream Properties
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
11400 E Jefferson Avenue, Detroit, MI 48214
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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