#20250014379, Saif Lateef, Listing Office: Keller Williams Lakeside
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
- Basement: No
- Attached Garage: No
- List Price: $340,000
- Annual Tax Amount: $551
- Tax Year: 2024
- Lot: Corner Lot, Level
- Directions: East on Jefferson, Left on East Grand. Property is at the NW corner of E Grand and Vernor
- Lot Size: 0.8 Acres
- 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
Disclaimer: 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: 6/3/2025, 10:20:34 AM 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $27,021. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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 Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 E Grand Blvd
The listing price of 531 E Grand Blvd property is $340,000.
The property 531 E Grand Blvd is land located in Detroit, Michigan, 48207.
Active Listing: 531 E Grand Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 E Grand Blvd are: Maybury Elementary School (GreatSchools Rating 2/10), Roberto Clemente Learning Academy (GreatSchools Rating 1/10), Academy of the Americas at Logan (GreatSchools Rating 2/10), Clippert Academy (GreatSchools Rating 5/10), Amelia Earhart Elementary-Middle School (GreatSchools Rating 1/10), Escuela Avancemos (GreatSchools Rating 2/10), Western International High School (GreatSchools Rating 3/10), Covenant House Academy Detroit Southwest Site (GreatSchools Rating 1/10), Covenant House Academy Detroit Central Site (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $551 (source: MLS/based on county public records data).
The property 531 E Grand Blvd is 0.8 acres.
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.
While more than 85 listings in Detroit, MI in May 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 169 were sold below. The number of homes for sale in Detroit, MI increased by 12.1% between April and May 2025. In May 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $90,022.
From Rocket Homes Real Estate and based on county public records data.