2445 Grand River Avenue Detroit, MI $ 232,314
2445 Grand River Avenue
$ 232,314
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2445 Grand River Avenue

Detroit, MI, 48201
$ 232,314
Baths0.0

Monthly Estimate*

$ 1,430

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Studio

Lots and Land for sale in Detroit, MI

for $232,314. The lot size is 0.05.

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.

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Lots and Land Active

Price

$ 232,314

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,244

Style

ImprovedLand

Lot Size

0.05

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251008829

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Property Subtype ImprovedLand
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name CASS FARM SUB
Garage Y/N N
Status Active
Directions Grand River I75 Downtown Detroit Exit
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial HeavyIndustry
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1244.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 10050
Expected Active Date 2025-06-19
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
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Exterior
Water Source Public
Spa N
Lot Dimensions 20X100
Lot Size Acres 0.05
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 2445
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* Excluded Features
List By
Rashad Elabed

Listing Agent

Jna Real Estate

Broker

(734) 497-5558

Phone

Affordability Calculator

$1,534
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,430
Monthly Property Taxes
$104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2025$232,314 Listed Price

Map


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2445 Grand River Avenue, Detroit, MI, 48201 is a Lots and Land for sale at $232,314 with a lot size of 0.05. 2445 Grand River Avenue is a studio with 0.0 baths. The property's zip code is 48201 which is in Detroit, MI