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Outer Dr

13.36 Acres of Residential Land Offered at £2,290,239 in Detroit, MI 48234

Investment Highlights

  • 13.36 +/- Acre Redevelopment Opportunity
  • Plenty of parking and excellent traffic
  • Zoned R-5 - Many uses permitted

Executive Summary

For Sale, Lender Owned - 13.36 +/- Acres Development Opportunity. Former 340,671 +/- SF Hospital Zoned R5 Medium Density Residential District. Numerous uses permitted under the R-5 zoning designation, including Multi-Family Apartments, Single Family and townhouse developments, assisted living and nursing home facilities, child/adult care centers, hospital, school and medical/dental clinics. 933' of frontage on Conner Street, 990' of frontage on Outer Drive. Call for more details.

Property Facts

Price £2,290,239
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 13.36 AC

1 Lot Available

Lot

Price £2,290,239
Price Per AC £171,425
Lot Size 13.36 AC

For Sale, Lender Owned - 13.36 +/- Acres Development Opportunity. Former 340,671 +/- SF Hospital Zoned R5 Medium Density Residential District. Numerous uses permitted under the R-5 zoning designation, including Multi-Family Apartments, Single Family

zoning

Zoning Code R-5 (R-5 Medium Density Residential District)
R-5 (R-5 Medium Density Residential District)
  • Listing ID: 33313762

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: Outer Dr, Detroit, MI 48234

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