$1,250,000
For Sale

3925 Tillman

Detroit, MI 48208
3.72 acres | #20240017324
Type:Purchase
Structure:Land
Zone:Residential

Description

Situated in a prime location just minutes from Corktown, the Core Cities neighborhoods, and the newly established Ford Mobility Center at Michigan Central train station, this unique offering spans an entire 3.72-acre city block with direct access from Mack Ave and I-96. Perfect for residential or mixed-use projects, the site neighbors land bank parcels, opening the door to shape a fresh neighborhood in Detroit's dynamic landscape. Currently zoned as M3 (General Industrial) and steeped in history as the former Thorn Apple Valley meat smoking factory, it offers both nostalgic charm and vast developmental potential. To streamline the acquisition, the seller is providing favorable financing options, ready to hold at a competitive 6 interest. A stellar opportunity for developers to spearhead Detroit's urban revival.

  • Property Details
      • SubdivisionMORE THAN ONE SUBDIVISION INVOLVED
      • Lot FeaturesCornerLot, Sidewalk
      • Lot DescriptionCornerLot, Sidewalk
      • Property SubtypeUnimprovedLand
      • Parcel NumberW12I000461C5
      • Sewer InformationPublicSewer
      • MLS #20240017324
      • MLS #20240017324
      • Original List Price$1,250,000
      • Property TypePurchase
      • School DistrictDetroit
      • Cost1250000
      • Utility SourcePublic
      • Taxes Annual$2,242
      • Community FeaturesCurbs
      • CountyWayne
      • Acres3.72
      • Days on Market (Cumulative)706

Location

Veneesha SlaterReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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