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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2641 Trumbull St , Detroit, MI 48216
$400,000
Est. Payment: $888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 346
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House Description

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. Highest and best. The Seller has received multiple offers on the property and will be conducting a Highest and Best process. All final offers are requested by Wednesday, July 15.

Highlights

Listed by Vincent Mazzola , O'Connor Realty Detroit, LLC , 313-963-9891.

Property Type

Vacant Land

Lot/Acreage
0.13

County

Wayne

School District

Detroit

Listing ID

20251012884

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$889
Taxes
$10

Home Price

$400,000

Loan Details

30 yrs
%

Down Payment

20%
$80,000
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Monthly Price:
$888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $888.89 $9.50 $0.00 $898.39
Yearly $10,666.67 $114.00 $0.00 $10,780.67
Total $320,000.00 $3,420.00 $0.00 $323,420.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.