Pending
2003 Gratiot Avenue, Detroit, MI 48207
$675,000
MLS # 20251037829 (Realcomp)
0.52 acres
1 / 4
Listing Description
Located in Eastern Market along Gratiot Avenue, this highly visible land parcel is surrounded by creative studios and small business hubs. The location is ideal for mixed-use or residential infill development, as the neighborhood has become a destination for design-forward projects and locally rooted investment. This parcel offers easy access to Downtown and I-75 and can be sold as a package with the building at 2000 Division Street. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale.
Source: SparkMLS
About this home
Listed at $675,000.
Estimated annual property tax: $8,511, or about $709 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.52 acres
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Sale & Financing
Listed9/17/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$11,058
Tax Year2025
State Equalized Value$132,600
Assessed Value$132,600
Parcel #09001313-7
Source: Public Records
Legal Description
N GRATIOT 1 THRU 6PLAT OF O.L. 34 ST AUBIN FARMS L1 P173 PLATS, W C R 9/48 220.51 IRREG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vincent Mazzola
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 2003 Gratiot Avenue, Detroit, MI 48207
What school district is 2003 Gratiot Avenue, Detroit, MI 48207 in?
Per MLS# 20251037829, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251037829, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251037829, the most recent reported annual property tax for 2003 Gratiot Avenue, Detroit, MI 48207 is $18,596. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 2003 Gratiot Avenue, Detroit, MI 48207 eligible for USDA financing?
Per USDA Rural Development boundary data, 2003 Gratiot Avenue, Detroit, MI 48207 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 2003 Gratiot Avenue, Detroit, MI 48207 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 2003 Gratiot Avenue, Detroit, MI 48207?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 2003 Gratiot Avenue, Detroit, MI 48207. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$8,511
Monthly$709
Millage rate64.1844 mills
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
Mortgage Calculator
$
%
$
$
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Monthly payment$5,087
Principal & interest$4,378
Property taxes$709
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2003 Gratiot Avenue, Detroit, MI 48207
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Neighborhood
Middle East Central
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Community
Detroit
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County
Wayne County
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