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Detroit MI Real Estate & Land For Sale

634 Properties Found

The median home value in Detroit, MI is $82,000 This is lower than the county median home value of $150,000. The national median home value is $308,980. The average price of homes sold in Detroit, MI is $82,000. Approximately 39% of Detroit homes are owned, compared to 37% rented, while 24% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Detroit real estate agent to arrange a tour today!
Learn more about Detroit.


1–25 of 634 properties displayed
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$30,000

893741 GRATIOT Avenue Detroit, MI 48213

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240027666
Type:
Land
Subdivision:
STROHS SUB (PLATS)
Lot size:
0.08 Acres
A broker reciprocity listing Courtesy: Prestige Realty Services LLC
View additional info

Attention investors! This is an exceptional opportunity to acquire two adjacent parcels of land totaling over 7,500 square feet, situated in a prime location near I-94 and within easy reach of Downtown Detroit. These parcels present an excellent redevelopment opportunity, with the neighborhood poised for significant growth and new housing developments in the near future. Don't miss your chance to be a part of the revitalization of Detroit and establish your presence on the renowned Gratiot Road.

$10,000

6331 Musket Street Detroit, MI 48209

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
81024020205
Type:
Land
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Realty
View additional info

Great lot close to Mexican Town and Corktown and is just minutes away from Downtown Detroit, the new Gordie Howe Bridge, Ford's Michigan Central Station and walking distance to the newly renovated Clark Park. The lot does not have Utilites. The lot is from the alley way to the new wood fence. The wood fence area is NOT this lot. Buyer/Buyers agent to verify all information.

$6,000

3390 E Willis Detroit, MI 48207

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
58050139998
Type:
Land
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty Great Lakes
View additional info

Welcome to your next investment opportunity in an excellent area in Detroit. Just minutes away from Eastern Market and Downtown Detroit. This land is zoned R3 and is ready for development in one of the hottest zip codes 48207.

$5,000

18699 CONCORD Street Detroit, MI 48234

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240027094
Type:
Land
Subdivision:
WARRENS FORD-PACKARD
Lot size:
0.13 Acres
A broker reciprocity listing Courtesy: EXP Realty LLC
View additional info

Vacant lot with amazing potential. Build your own home. The possibilities are endless. Progressive Area.

$7,500

10746 WHITTIER Street Detroit, MI 48224

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240027312
Type:
Land
Subdivision:
KING HEIGHTS SUB (PLATS)
Lot size:
0.05 Acres
A broker reciprocity listing Courtesy: Keller Williams Somerset
View additional info

Motivated Seller!! Great opportunity on this Commercially Zoned parcel, totaling 40 feet of frontage with adjacent lot which is also for sale at $7,500. Package deal available for both 10746 and 10750 Whittier. Located in Zoning B4-General Business District. Ask your agent for a list of permitted uses or contact the City Zoning/Building for details!

$7,500

10750 WHITTIER Street Detroit, MI 48224

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240027316
Type:
Land
Subdivision:
KING HEIGHTS SUB (PLATS)
Lot size:
0.04 Acres
A broker reciprocity listing Courtesy: Keller Williams Somerset
View additional info

Motivated Seller!! Great opportunity on this Commercially Zoned parcel, totaling 40 feet of frontage with adjacent lot which is also for sale at $7500. Package deal available for both 10746 and 10750 Whittier. Located in Zoning B4-General Business District. Ask your agent for a list of permitted uses or contact the City Zoning/Building for details!

$139,000

503 E EDSEL FORD Freeway Detroit, MI 48202

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240026837
Type:
Land
Subdivision:
PLAT OF COMMISSIONERS SUB OF L BEAUBIEN FARM (CR)
Lot size:
0.25 Acres
A broker reciprocity listing Courtesy: O'Connor Realty Detroit, LLC
View additional info

$479,900

3050 E Outer Dr Detroit, MI 48234

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240024942
Type:
Land
Lot size:
1.84 Acres
A broker reciprocity listing Courtesy: National Realty Centers, Inc
View additional info

Expansive land opportunity featuring almost two full acres. A blank canvas | prime location | multiple business possibilities. Maximum exposure on well-traveled Outer Drive makes this a great investment opportunity. Three minutes from the new Amazon facility, I75, and around the corner from neighboring Chrysler/Stellantis. Nine-minute drive to Detroit City Airport (currently undergoing a multimillion-dollar transformation), amid residential family neighborhoods and Recreational facilities and Parks, ... the business opportunities are vast.

$290,000

435 MARTIN LUTHER KING JR Boulevard Detroit, MI 48201

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240022249
Type:
Land
Subdivision:
CASS FARM L1 P172 PLATS
Lot size:
0.22 Acres
A broker reciprocity listing Courtesy: Real Estate One-Southfield
View additional info

Nearly a acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines."

$2,500,000

71 W GRAND Boulevard Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
20240026598
Type:
Land
Subdivision:
ASSESSORS DETROIT PLAT NO 6 (PLATS)
Lot size:
0.66 Acres
A broker reciprocity listing Courtesy: O'Connor Realty Detroit, LLC
View additional info

Attention developers, entrepreneurs and investors: This unique and rare riverfront opportunity at the end of West Grand Boulevard boasts proximity to the iconic Ford train station and unveils spectacular views of the Detroit River and the Ambassador and Gordie Howe bridges. This property offers two sound buildings, measuring approximately 2800 and 3000 square feet. The true value lies in the sprawling land and location. Adjacent to Riverside Park and just minutes away from Downtown, Corktown and all major highways, this property opens doors to endless possibilities. Sale includes 71-73 W Grand Blvd and 102 Vinewood Street, totaling .66 acres of land. Land contract and commercial lease also available. Please do not approach tenants.

$35,000

7018 W WARREN Avenue Detroit, MI 48210

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240025768
Type:
Land
Subdivision:
DOVERCOURT PARK (PLATS)
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Simon & Associates Real Estate
View additional info

Discover an exceptional commercial opportunity in the vibrant heart of Dovercourt Park. This vacant land offers a canvas for entrepreneurial dreams, strategically situated in one of Detroit's dynamic neighborhoods.

$150,000

2957 SEMINOLE Street Detroit, MI 48214

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240025165
Type:
Land
Subdivision:
ASSESSORS PLAT OF PT OF PCS 27 & 180 (PLATS)
Lot size:
0.56 Acres
A broker reciprocity listing Courtesy: Real Estate One GPF
View additional info

Can't find the perfect home? Then build it in one of the most desirable areas of Detroit. Here is your chance to purchase 2 large, buildable vacant lots in the prestigious Historic District of Indian Village for the price of one. More than half an acre. Build the home of your dreams on one lot and create a park like setting in the second lot. Many possibilities. Close to downtown and minutes from shopping, Belle Isle and freeways.

$8,500

3556 15TH Street Detroit, MI 48208

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240025001
Type:
Land
Subdivision:
SUB OF PC 44 (ALSO PG 3) (DEEDS)
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

$8,500

3560 16TH Street Detroit, MI 48208

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024998
Type:
Land
Subdivision:
SUB OF PC 44 (ALSO PG 3) (DEEDS)
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

$35,000

8421 MOUNT ELLIOTT Street Detroit, MI 48211

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024985
Type:
Land
Subdivision:
HEINTZS GEORGE
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great infill opportunity in Detroit's bustling North End neighborhood. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

$53,000

323 KING Street Detroit, MI 48202

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024982
Type:
Land
Subdivision:
JOS R MC LAUGHLINS (PLATS )
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals for small to medium scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

$20,000

9650 W JEFFRIES Freeway Detroit, MI 48204

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024979
Type:
Land
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED
Lot size:
0.28 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Looking for that perfect land based project in the Nardin Park Community? You found it!! This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$50,000

3021 BEALS Street Detroit, MI 48214

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024976
Type:
Land
Subdivision:
SCHERERS HUGO SUB SLY OF O L 47
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). 5 lots include 3021, 3027, 3011, 3017, 3035 Beals. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLIMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY. THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

$20,000

2480 SHERIDAN Street Detroit, MI 48214

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024972
Type:
Land
Subdivision:
BOULEVARD PARK SUB (PLATS )
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY. THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

$49,500

5224 LINWOOD Street Detroit, MI 48208

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024964
Type:
Land
Subdivision:
FORDS SUB (PLATS)
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x151.56. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$40,000

1157 EDISON Street Detroit, MI 48202

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024970
Type:
Land
Subdivision:
BOSTON BLVD (PLATS)
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$54,500

5034 VERMONT Street Detroit, MI 48208

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024963
Type:
Land
Subdivision:
SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS)
Lot size:
0.09 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$49,000

13402 DEAN Street Detroit, MI 48212

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024467
Type:
Land
Subdivision:
MECHANIC PARK (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great build opportunity on the border of Hamtramck. Addresses include 13402 Dean, 13410 Dean, 13414 Dean, 13420 Dean, 13428 Dean, 13434 Dean, 13400 Dean. Lots cannot be sold separately. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY. THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS

$20,000

3409 TILLMAN Street Detroit, MI 48208

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024332
Type:
Land
Subdivision:
J W JOHNSTONS (ALSO PAGE 33) (PLATS)
Lot size:
0.13 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Zoned B4, Commercial build opportunity within walking distance from Corktown, Social District, and Ford Train Station! Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$15,000

657 BLAINE Street Detroit, MI 48202

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024434
Type:
Land
Subdivision:
MC LAUGHLIN BROTHERS SUB (PLATS)
Lot size:
0.15 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Build your dream home or a multi-family development to suit situated in a bustling North End neighborhood . The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

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