531 E Grand Blvd Detroit, MI 48207

$340,000
0.8 acres
Land

Property details

About 531 E Grand Blvd

We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood. Development Potential - Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses. - 16 townhome or 30 apartment development Property Description - 1 parcel: 531 E. Grand - 0.80 acres | 35,000sf - 146' frontage on East Vernor Hwy. - 240' frontage on East Grand Blvd. This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.8 Acres
MLS #20221067147

Summary

  • MLS Number: 20221067147
  • MLS Name: Realcomp II Ltd
  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jerome Huez

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 © 2025 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: 2/14/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$340,000

531 E Grand Blvd

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$17,400$551
2023$14,900$551
2022$12,400$797
2021$12,400$797
2020$9,300$516
2018$6,300$516
2017$5,900$513

History based on county public records data.

Nearby schools

2

Maybury Elementary School

Public District PK-5

0.5 mi

4410 Porter St

1

Roberto Clemente Learning Academy

Public District PK-5

1.6 mi

1551 Beard St

2

Academy of the Americas at Logan

Public District KG-3

1.6 mi

3811 Cicotte St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,021. The majority of Detroit, MI residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

60%
<35k
38%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
32%
Single, with Kids
8%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 531 E Grand Blvd

This home is located at 531 E Grand Blvd in Detroit, MI and zip code 48216 in the Near West neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 8, 2022 and is currently priced at $340,000.

In January 2025 more than 76 listings in Detroit, MI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 192 were sold below. The number of homes for sale in Detroit, MI increased by 8.7% between December and January 2025. The median list price of listings available in January 2025 was $87,445, while the average time on the real estate market was 58 days.

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

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