$1,600,000

Estimated payment $8,728/month

Total Views 4,919
0.13 Acre
$12,307,692 Price per Acre
5,663 Sq Ft Lot

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

Vincent Mazzola

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

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 25600.0000
  • 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: 0.13
  • Lot Dimensions: 430x250
  • Parcel Number: 08005950
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 51.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 114.0000
  • Taxable Value: 681.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Average Value
Not Available
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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 For Sale $1,600,000 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Facto
Quit Claim Deed -- Golden Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,790,000 New Conventional
Closed $655,000 Seller Take Back
Source: Public Records

Source: Realcomp

MLS Number: 20251012884

Realcomp

APN: 08-005950