For Sale
3040 E Outer Drive, Detroit, MI 48234
$224,900
MLS # 20251027263 (Realcomp)
1.51 acres
1 / 1
Listing Description
Prime Development Opportunity – 1.51 Acres of Vacant Land!Unlock the potential with this expansive 1.51-acre lot at 3040 Outer Dr E in Detroit. Zoned for light industrial or commercial development, this property offers a rare opportunity to build your vision in a well-connected location. With generous dimensions of approximately 550’ x 1,250’, the lot provides ample space for a variety of projects. Located near major transportation routes, local amenities, and community facilities, this property is ideal for investors, developers, or business owners looking to expand in the Detroit area. Don’t miss this chance to secure a large, versatile parcel in a prime location — your development opportunity starts here!
Source: SparkMLS
About this home
Listed at $224,900.
Property tax estimate: $3,575 per year ($298/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. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size1.51 acres
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Sale & Financing
Listed8/13/2025
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$1,230
Tax Year2025
State Equalized Value$55,700
Assessed Value$55,700
Parcel #13008726-30
Source: Public Records
Legal Description
S OUTER DR E ALL THAT PT OF N W 1/4 OF S E 1/4 SEC 5 T.1.S., R 12 E DESC AS FOLS--BEG AT N E COR LOT 675 OF SEYMOUR & TROESTERS CLAIRMOUNT PK SUB NO 1 TH S 89D 51M 30S E 129.60 FT ALG S LINE OUTER DR TH S 0D 31M E 316.66 FT TH S 89D 21M 30S W 152.73 FT T H N 0D 07M E180.46 FT TH S 89D 51M 30S E 21.46 FT TH N 0D 39M 10S W 138.02 FT TO PT OF BEG ALSO LOTS 672-675 AND VAC ALLEY ADJ LOT 675 SEYMOUR &
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Dion N Love
Valor Realty, Inc
Frequently Asked Questions about 3040 E Outer Drive, Detroit, MI 48234
Which school district serves 3040 E Outer Drive, Detroit, MI 48234?
Per MLS# 20251027263, 3040 E Outer Drive, Detroit, MI 48234 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.
What financing options are available for 3040 E Outer Drive, Detroit, MI 48234?
Per MLS# 20251027263, 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 3040 E Outer Drive, Detroit, MI 48234?
Per public tax records, annual property taxes for this property are $2,278. 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, 3040 E Outer Drive, Detroit, MI 48234 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 3040 E Outer Drive, Detroit, MI 48234 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 not currently available at 3040 E Outer Drive, Detroit, MI 48234. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 3040 E Outer Drive, Detroit, MI 48234?
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.
Map
Tax Estimate
$
Annual tax$3,575
Monthly$298
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$1,757
Principal & interest$1,459
Property taxes$298
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
3040 E Outer Drive, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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