2641 Trumbull Detroit, MI 48216
Corktown NeighborhoodEstimated payment $8,728/month
About This Lot
Prominently located in North Corktown, this 1.6-acre development site offers more than 248 feet of frontage along Trumbull Avenue. The property includes conceptual plans for an 80-unit apartment building and is ideally positioned within walking distance to Corktown and Ford’s Michigan Central Station, which recently unveiled its transformative $740 million renovation. Ford’s Corktown Campus is projected to bring over 5,000 new jobs to the area, creating demand for approximately 1,100 new residential units—making this an ideal opportunity for residential development. The seller has completed an ALTA survey, Phase I and II environmental assessments, and a Baseline Environmental Assessment (BEA). Additional adjacent parcels may be available through the Detroit Land Bank Authority, offering further potential for expansion. Includes Parcels: 2641 Trumbull, 2629 Trumbull, 2601 Trumbull, 1530 Pine, 1540 Pine, 1544 Pine, 1550 Pine, 1558 Pine, 1564 Pine, 1580 Pine, 1547 Spruce, 1549 Spruce, 1551 Spruce, 1563 Spruce, 1571 Spruce, 1577 Spruce. Landbank Parcels 2623 Trumbull, 2609 Trumbull, 1568 Pine
Listing Agent
O'Connor Realty Detroit, LLC License #6501387170 Listed on: 06/29/2025
Property Details
Property Type
- Land
Est. Annual Taxes
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 430x250
Community Details
- Blk 94 William L Woodbridges Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 08005950
Map
Home Values in the Area
Average Home Value in this Area
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 | $51 | $30,700 | $0 | $0 |
2024 | $51 | $25,600 | $0 | $0 |
2023 | $50 | $20,500 | $0 | $0 |
2022 | $54 | $17,900 | $0 | $0 |
2021 | $52 | $600 | $0 | $0 |
2020 | $44 | $500 | $0 | $0 |
2019 | $44 | $500 | $0 | $0 |
2018 | $38 | $500 | $0 | $0 |
2017 | $13 | $700 | $0 | $0 |
2016 | $178 | $2,900 | $0 | $0 |
2015 | $200 | $2,000 | $0 | $0 |
2013 | $200 | $1,997 | $0 | $0 |
2010 | -- | $1,997 | $1,997 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/29/2025 06/29/25 | For Sale | $1,600,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Facto | |
Quit Claim Deed | -- | Golden Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,790,000 | New Conventional | |
Closed | $655,000 | Seller Take Back |
Source: Realcomp
MLS Number: 20251012884

APN: 08-005950
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