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.
Lot/land
$361,016
2402 4th St, Detroit, MI 48201
--beds
--baths
3,049.2Square Feet
Land
Built in ----
3,049.2 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 81 days |
- 27 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: July 02, 2025 at 02:17am
Listed by:
Rashad Elabed 734-497-5558,
JNA Real Estate 248-648-0484
Source: Realcomp II,MLS#: 20251008828
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 42 x 74
Details
- Parcel number: 04003687
- Zoning description: Commercial, HeavyIndustry
- Special conditions: Short Sale No,Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: JONES FARM S OF GRAND RIVER
Location
- Region: Detroit
Financial & listing details
- Tax assessed value: $7,816
- Annual tax amount: $968
- Date on market: 6/19/2025
- Cumulative days on market: 179 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional,Trade 1031 Exchange,Warranty Deed
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2025 | Listed for sale | $361,016 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Burton International SchoolGrades: PK-8Distance: 0.9 mi
- 5/10Northwestern High SchoolGrades: 9-12Distance: 2.6 mi
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