$232,314

2449 Grand River Ave Detroit, MI 48201

Midtown Neighborhood

Estimated payment $1,295/month

Total Views 4,353
0.05 Acre
$4,646,280 Price per Acre
2,178 Sq Ft Lot

About This Lot

A unique investment opportunity in the heart of Detroit—a property that stands at the intersection of rapid urban growth and the city’s vibrant cultural pulse. This coveted address not only puts you in the midst of Detroit’s most influential developments, but also offers unmatched access to the city’s thriving business and entertainment core, making it an ideal asset for discerning investors seeking both legacy and long-term value. Strategically positioned, this property places you mere moments from some of Detroit’s most significant attractions. Comerica Park is walking distance, drawing a steady stream of sports fans and visitors year-round, while the Detroit Institute of Arts—one of America’s premier art museums—is a short journey, offering cultural allure right at your doorstep. The renowned Little Caesars Arena lies just a walking distance as well connecting you to major sporting events, concerts, and international shows, ensuring consistent foot traffic and an unbeatable location in Detroit’s bustling entertainment district. THE NEW U OF M INOVATION CENTER OF DETROIT is being built across the street, rated positively for its commitment to excellence, highlighting the area’s educational advantage and future growth potential. Dining and nightlife flourish nearby, with local favorites such as Grey Ghost Detroit and Sexy Steak Detroit less than one mile from your doorstep, offering a gourmet experience to attract a discerning clientele or future residents. With its prime location, a major artery through Detroit’s core—this property boasts excellent visibility and accessibility, enhancing commercial success and tenant attraction. Whether you envision retail, multifamily, or mixed-use possibilities, you can capitalize on the transformative energy fueling Midtown and Downtown Detroit. The property’s advantageous setting, surrounded by new developments and energetic revitalization efforts, ensures tremendous upside for both equity growth and consistent returns.

Listing Agent

Rashad Elabed

JNA Real Estate License #6501406301 Listed on: 06/19/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Property is zoned Commercial, Heavy Industrial

Community Details

  • More Than One Sub Involved Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04000500

Property Details

Property Type

Land

Est. Annual Taxes

$472

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 32000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.05
  • Lot Dimensions: 20X100
  • Parcel Number: 04000500
  • Zoning: Commercial, Heavy Industrial

Rental Info

  • Deposit Amount: 3000000.00

Tax Info

  • Tax Amount Summer: 287.0000
  • Tax Amount Winter: 185.0000
  • Total Tax: 472.0000
  • Taxable Value: 3810.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $287 $30,000 $0 $0
2024 $287 $32,000 $0 $0
2023 $279 $35,000 $0 $0
2022 $302 $35,000 $0 $0
2021 $292 $35,000 $0 $0
2020 $292 $40,000 $0 $0
2019 $287 $40,000 $0 $0
2018 $244 $3,600 $0 $0
2017 $59 $3,100 $0 $0
2016 $276 $3,100 $0 $0
2015 $310 $3,100 $0 $0
2013 $311 $3,111 $0 $0
2010 -- $3,111 $3,000 $111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $232,314 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Multiple
Warranty Deed $215,000 Commonwealth Land Title
Source: Public Records

Source: Realcomp

MLS Number: 20251008774

Realcomp

APN: 04-000500