For Sale915d on market
530 S Colonial St
Detroit, MI, 48217 • Oakwood Heights • Wayne County
$598,800
-$1,000 since Aug 26, 2024
1.8 acLot
Property DNA
OAKWOOD SUB
Oakwood Heights
Market activity
Demand and pricing signals for this listing
52 views
People checking out this listing
3 saves
Buyers have saved this home
915 days on market
Established listing
About this home
Lot
Huge almost 2 acre commercial lot, great location near commercial/industrial area, lot size is 360ft x 220ft, zoned M4 (heavy industrial), could possibly be developed into Gas Station, Retail Storefront, Medical Facility, Car Wash, Parking Structure, Medical Marijuana, Truck Repair Facility, along with many other possible uses, property is located near Marathon Gas Terminal, close to Major Highways, 1.82 acres, buyer & buyer's agent to verify all listing information, see city for exact zoning uses available, all data apx.
Estimated monthly payment
Based on current rates
$3,714/month
Principal & Interest$2,916
Property Tax$599
Insurance$200
Down payment20% ($119,760)
3%50%
Est. 6.14% rate · 30yr fixed · $479,040 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerPublic, Waterat Street / Public Sewer, Sewer At Street
Parking & Outdoor
ParkingOther
FencingFencing Allowed
Lot1.82 Acres
Location & Tax
NeighborhoodOakwood Heights
Annual tax$1,195
Parcel20016266.
Features & details
4 categories of property features
Exterior Features
Parking
Other
Lot Features
Sidewalk
Community
Sidewalks
Utilities
Above Ground Utilities
Listing insights
Market data and value estimates
StatusFor Sale
Days on market915
Est. rent$1,215/mo
Tax rate1.83%
On marketAug 17, 2023
PostedOct 5, 2023
MLS updatedJan 19, 2026
Tour days6
Views52
Favorites3
How are the schools in Detroit?
2 schools rated nearby
Location
Detroit, MI, 48217
Price history
3 events
DateEventPrice$/sqftSource
Aug 26, 2024Price Change$598,800—Realcomp II
Dec 28, 2023Price Change$599,800—Realcomp II
Aug 17, 2023Listed For Sale$649,800—Realcomp II
Price Change$598,800
Aug 26, 2024•Realcomp II
Price Change$599,800
Dec 28, 2023•Realcomp II
Listed For Sale$649,800
Aug 17, 2023•Realcomp II
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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