7 months on rocket

71 W Grand Blvd, Detroit, MI, 48216

$1,900,000

0.66 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240026598
Lot Size0.66 Acres
StatusActive

About 71 W Grand Blvd

Attention developers, entrepreneurs and investors: This unique and rare riverfront opportunity at the end of West Grand Boulevard boasts proximity to the iconic Ford train station and unveils spectacular views of the Detroit River and the Ambassador and Gordie Howe bridges. This property offers two sound buildings, measuring approximately 2800 and 3000 square feet. The true value lies in the sprawling land and location. Adjacent to Riverside Park and just minutes away from Downtown, Corktown and all major highways, this property opens doors to endless possibilities. Sale includes 71-73 W Grand Blvd and 102 Vinewood Street, totaling .66 acres of land. Land contract and commercial lease also available. Please do not approach tenants.

Property Details

Property Features

Listing Office:

  • Office Name: OConnor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Marco Morales

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Other

Directions Information:

  • Directions: From downtown Detroit, travel south on Fort Street, then turn left (east) onto Grand Blvd. Youll find the property on the right side just before the train tracks.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $21
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

71 W Grand Blvd vs Detroit

224 DAYS ON ROCKET

+175 Days

$1,900,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240026598

Listing Office:

  • Office Name: OConnor Realty Detroit, LLC
  • Office Phone: (313) 963-9891
  • Listing Agent: Marco Morales

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$21$400
2020$34$400
2018$34$400
2017$35$400

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-79757
2
/10
  • Maybury Elementary School

  • 4410 Porter St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-79758
1
/10
  • Roberto Clemente Learning Academy

  • 1551 Beard St

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-79759
2
/10
  • Harms Elementary School

  • 2400 Central St

  • 2.20 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,652. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71 W Grand Blvd

What is the listing price of this property?

The listing price of 71 W Grand Blvd property is $1,900,000.

What type of property is this?

The property 71 W Grand Blvd is land located in Detroit, Michigan, 48216.

Is this property for sale now?

Active Listing: 71 W Grand Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21 (source: MLS/based on county public records data).

How much acreage is this property?

The property 71 W Grand Blvd is 0.66 acres.
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Rocket HomesMichiganWayne CountyDetroit4821671 W Grand Blvd

This home is located at 71 W Grand Blvd in Detroit, MI and zip code 48216 in the Near West neighborhood. This home sits on a 0.66 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,900,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

From Rocket Homes Real Estate and based on county public records data.

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