MLS # 20261013483 (Realcomp)

Exceptional redevelopment opportunity in a high-visibility corridor along iconic 8 Mile Road in Detroit. This 1.75+ acre site offers an impressive 624 feet of frontage on 8 Mile Road, providing outstanding exposure in one of the area’s most active commercial and commuter corridors.Strategically positioned near the Gateway Marketplace, major freeway access, and the Amazon Fulfillment Center, the property benefits from strong daily traffic counts and continued commercial growth. The surrounding area is experiencing ongoing investment and proposed new developments, making this an ideal location for retail, mixed-use, service, or redevelopment opportunities (subject to zoning and city approval).PLEASE NOTE PROPERTY HAS TWO TAX ID NUMBERS - ID# 02-006133-43 IS 439 FT. BY 100 FT.; ID# 02-006144 IS 50 FT. BY X 100 FT. PROPERTY IS CURRENTLY ZONED AS RA-5. THIS SALE INCLUDES 20601 WOODWARD ID# 02-002640-0 IS IRREGULAR
Source: SparkMLS
Listed at $850,000.
Annual property taxes run approximately $29,282 ($2,440/month). 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
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Okeish Y Davis
Saturn Realty Group
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
2411 W 8 MILE Road, Highland Park, MI 48203
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Neighborhood
Palmer Park
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Community
Detroit
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County
Wayne County
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