For Sale
2445 Grand River Avenue, Highland Park, MI 48201
$232,314
MLS # 20251008829 (Realcomp)
0.05 acres
1 / 25
Listing Description
Presenting a rare development and investment opportunity with a total of 8 contiguous parcels, including 2 buildings and expansive vacant improved land, directly across from the new University of Michigan Innovation Center campus in Detroit. Priced at $8.9 million for the complete package, all parcels are adjacent and will be sold together, offering a unique footprint in an area poised for significant growth.This offering is positioned at the heart of Detroit’s future, making it ideal for visionary investors and developers seeking to capitalize on the momentum surrounding the new U of M Innovation Center. The prime location ensures high visibility and accessibility, while the vast land and existing structures create endless possibilities for commercial, educational, or mixed-use projects.With proximity to major universities, healthcare hubs, growing business districts, and vibrant urban amenities, these parcels promise current appeal and remarkable long-term potential. The opportunity to own this much continuous land in such a key corridor is exceptionally rare, allowing you to shape the future landscape of Detroit right next to a world-class institution.Seize this chance to invest alongside major development and innovation. Contact the agent today for details, to review property information, or to arrange a site visit and explore the full range of possibilities this exceptional assemblage offers.
Source: SparkMLS
About this home
Listed at $232,314.
Property tax estimate: $2,054 per year ($171/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. Fiber internet is available at this address with download speeds up to 2,000 Mbps across 9 providers.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.05 acres
Location
CityHighland Park
Zip Code48201
CountyWayne
School DistrictDetroit
Sale & Financing
Listed6/17/2025
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$1,005
Tax Year2025
State Equalized Value$32,000
Assessed Value$32,000
Parcel #04000494-9
Source: Public Records
Legal Description
S GRAND RIVER 7 BLK 72 CASS FARM SUB L1 P173 PLATS, W C R & THAT PT OF P C 247 LYG BETW E & W LINE OF LOT 7 EXTD SLY TO N LINE OF ALLEY 1ST S OF GRD RIVER 4/18 20 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Rashad Elabed
JNA Real Estate
Frequently Asked Questions about 2445 Grand River Avenue, Highland Park, MI 48201
Which school district serves 2445 Grand River Avenue, Highland Park, MI 48201?
Per MLS# 20251008829, 2445 Grand River Avenue, Highland Park, MI 48201 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251008829, this listing accepts Cash, Conventional, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2445 Grand River Avenue, Highland Park, MI 48201?
Per public tax records, annual property taxes for this property are $1,244. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2445 Grand River Avenue, Highland Park, MI 48201 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.
Is 2445 Grand River Avenue, Highland Park, MI 48201 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 2445 Grand River Avenue, Highland Park, MI 48201. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 2445 Grand River Avenue, Highland Park, MI 48201?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$2,054
Monthly$171
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$1,678
Principal & interest$1,507
Property taxes$171
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 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
2445 Grand River Avenue, Highland Park, MI 48201
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Neighborhood
Lower Woodward
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Community
Detroit
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County
Wayne County
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