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Jim Blehm

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

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531 E Grand Blvd , Detroit, MI 48207
$340,000
Est. Payment: $755.56/mo
0.8 Acres
Status: active | Days on site: 181
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343565 - 368881
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Jim Blehm
Team Owner, Realtor®

House Description

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 developmentProperty 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

Listed by Jerome Huez , 313-693-3741 Berkshire Hathaway HomeServices The Loft Warehouse , 313-658-6400. MichRIC

Property Type

Vacant Land

Lot/Acreage
0.8

County

Wayne

School District

Detroit

Listing ID

20221067147

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Interior Features

Exterior Features

Lot:Corner Lot,Level
Principal Interest
$756
Taxes
$47

Home Price

$340,000

Loan Details

30 yrs
0%

Down Payment

20%
$68,000
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Monthly Price:
$755.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $755.56 $47.42 $0.00 $802.97
Yearly $9,066.67 $569.00 $0.00 $9,635.67
Total $272,000.00 $17,070.00 $0.00 $289,070.00
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T18:23:34.000Z

© 2026 MichRIC