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Executive Summary

RARE 16.16-ACRE DETROIT WATERFRONT DEVELOPMENT OPPORTUNITY! Prime Detroit River waterfront property zoned Planned Development (PD). Existing plans for Lenox Waterfront Estates showcase a proposed 18-home residential community with planned roads, sidewalks, utilities, grading and drainage. The site’s size, waterfront setting and development potential offer an exceptional opportunity for builders, developers and investors. Offered at $4,799,999. Survey and proposed development plans included in listing photos. Buyer and buyer’s agent to independently verify zoning, permitted uses, approvals, utilities, dimensions, waterfront frontage and all development requirements. Existing seawall condition has not been inspected. Phase II environmental assessment anticipated in the coming weeks.

Property Facts

Price $6,669,695 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Planned Unit Development
  • Single Family Development
Total Lot Size 16.16 AC
Zoning Residential

1 Lot Available

Lot

Price $6,669,695 CAD
Price Per AC $412,728.64 CAD
Lot Size 16.16 AC
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 41964503

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 99-319 Lenox St, Detroit, MI 48215

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