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Jim Blehm

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

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2421 3rd St , Highland Park, MI 48201
$817,049
Est. Payment: $4,207.39/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Positioned in the dynamic heart of Midtown Detroit, represents a remarkable opportunity for development and investment. Offered as a package for $8.9 million, this property includes nearly 2 acres of adjacent land made up of 8 parcels—all to be sold together. This rare collection of properties offers enormous potential for future growth in one of Detroit’s most desirable locations.Notably, this assemblage is situated directly across the street from the site of the new University of Michigan Innovation Center, which is being developed as a centerpiece of the upcoming U of M downtown Detroit campus. This exciting project is set to drive innovation, business activity, and create increased demand in the immediate area, making this property package an exceptional choice for visionary developers.The property itself features a solidly built structure with a distinctive exterior, highlighting the local architectural character. Inside, open and flexible spaces provide the perfect canvas for redevelopment—whether you envision upscale residential units, creative office space, or dynamic commercial concepts. Large floor plates, high ceilings, and excellent natural light create outstanding usability and design potential on a grand scale. The inclusion of 8 additional parcels opens doors for expansive new construction or transformative mixed-use development, offering flexibility for a wide range of projects.This development opportunity is further enhanced by its proximity to major Detroit institutions. In addition to the soon-to-open U of M Innovation Center across the street, Wayne State University is less than a quarter mile away, ensuring consistent activity from students and professionals. This is an extraordinary opportunity to acquire a central Midtown Detroit property bundled with close to 2 acres and 8 adjacent parcels—directly across from Detroit’s newest university innovation center. Properties of this scale, quality, and opportunity are virtually unmatched.

Highlights

Listed by Rashad Elabed , 734-497-5558 JNA Real Estate , 248-648-0484. MichRIC

Property Type

Vacant Land

Lot/Acreage
0.17

County

Wayne

School District

Detroit

Listing ID

20251008824

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Interior Features

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

Exterior Features

Principal Interest
$4,207
Taxes
$1,090

Home Price

$817,049

Loan Details

30 yrs
6.676%

Down Payment

20%
$163,410
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,207.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,207.39 $1,089.50 $0.00 $5,296.89
Yearly $50,488.67 $13,074.00 $0.00 $63,562.67
Total $1,514,660.15 $392,220.00 $0.00 $1,906,880.15
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 (Highland Park, 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: 2026-08-03T01:53:30.000Z

© 2026 MichRIC