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Detroit MI Real Estate & Land For Sale

41 Properties Found

The median home value in Detroit, MI is $83,550 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 $83,550. 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 41 properties displayed
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$50,000

1519 SAINTE ANNE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240027389
Type:
Land
Subdivision:
WHITWOOD & CARGILLS SUB (DEEDS)
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: Signature Sotheby's International Realty GPF
View additional info

Great build opportunity located in the heart of Mexicantown, Corktown, the newly renovated Ford train station just down the street. From Sainte Anne's Basilica. Property has existing building that would likely need to razed. Lot can be included with package with addresses including 1515 Sainte Anne (PRD 1000806970), 1519 (PRD 100080678) and 1503 VL (PRD 10008071).

$680,000

2101 MICHIGAN Avenue Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240028988
Type:
Land
Subdivision:
PLAT OF PT OF PETER GODFROY FARM PC 726 (PLATS)
Lot size:
0.05 Acres
A broker reciprocity listing Courtesy: U.S. Investor Group
View additional info

REDUCED...JUST IN TIME FOR THE TRAIN STATION OPENING...PRIME INVESTMENT OPPORTUNITY IN CORKTOWN, one of Detroit's fasted developing communities. Lot consists of 2 adjacent parcels, 2101 and 2105 Michigan Ave, totaling 3,275 Sq Ft (0.075 Acres) with 62 Feet of direct Michigan Ave Frontage. Corner lot, south side of Michigan Ave and Wabash St. Parcels are a few feet away from Ford Motor Company's 1 Billion Dollar Michigan Central Station Project Development, recently completed 6 Million Dollar Roosevelt Park transformation and many retailers. This growing and vibrant community is located a few minutes from Downtown Detroit and major expressways, I-75 and I-96. Flexible zoning allowing for office, retail, medical, multi-family or mixed use. Located in the designated Detroit Opportunity Zone with potential to build up to 4 stories in the heart of Corktown. This is an opportunity of a lifetime to own property with unlimited potential.

$2,500,000

71 W GRAND Boulevard Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
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.

$8,000

3525 PORTER Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024432
Type:
Land
Subdivision:
CATHERINE B HUBBARDS (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great build opportunity located in the heart of Mexicantown, and close Detroit's Corktown, social district, and the newly renovated Ford train station. 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.

$8,000

3525 Porter Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
81024001408
Type:
Land
Subdivision:
CATHERINE B HUBBARDS (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: BellaBay Realty Tri-Counties
View additional info

Great build opportunity located in the heart of Mexicantown. 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 incompatiblewith taxb 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 ppurchase and development financing.

$50,000

2876 TILLMAN Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024461
Type:
Land
Subdivision:
J W JOHNSTONS SUB (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Perfect build opportunity available for purchase within walking distance of Detroit's Corktown, Social District, and the newly renovated Ford train station. Sale includes 2852, 2858, 2866, 2870, 2876 Tillman. 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.

$50,000

2876 TILLMAN Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
81024000501
Type:
Land
Subdivision:
J W JOHNSTONS SUB (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: BellaBay Realty Tri-Counties
View additional info

Perfect build opportunity available for purchase within walking distance of Detroit's Corktown, Social District, and the newly renovated Ford train station. Sale includes 2852, 2858, 2866, 2870, 2876 Tillman. 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.

$35,000

2435 PERRY Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240024650
Type:
Land
Subdivision:
SUB OF PT OF STANTON FARM (PLATS)
Lot size:
0.18 Acres
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Incredible new infill development opportunity with unlimited potential. Located in the highly desired North Corktown neighborhood, the vacant land occupies a lot size of 74x105 feet and offers an opportunity to be part of the growth and excitement in this well-situated Detroit 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

$35,000

2435 PERRY Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
81024000487
Type:
Land
Subdivision:
SUB OF PT OF STANTON FARM (PLATS)
Lot size:
0.18 Acres
A broker reciprocity listing Courtesy: BellaBay Realty Tri-Counties
View additional info

Incredible new infill development opportunity with unlimited potential. Located in the highly desired North Corktown neighborhood, the vacant land occupies a lot size of 74x105 feet and offers an opportunity to be part of the growth and excitement in this well-situated Detroit 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

$498,900

1601 LEVERETTE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240015393
Type:
Land
Subdivision:
WOODBRIDGE FARM AS DIVIDED BY CMRS (ALSO P147 PLT)
Lot size:
0.23 Acres
A broker reciprocity listing Courtesy: Keller Williams Legacy
View additional info

Located at Leverette and 10th Street, this site offers 130 feet along 10th and 65 feet along Leverette. Property is in the center of many major developments currently underway or recently completed. Including multi-unit projects ranging from 30 to 300+ units, Ford Train Station, Godfrey Hotel, and much more. Ideal for multi-family developments or apartments.

$280,000

2642 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003484
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.14 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the total 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as package deal total of 8 Lots. Addresses of the 8 are: 2642 2630 2622 2616 2612 2647 2637 2627. Package Price: $1,204,000BATVAI

$132,000

2630 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003347
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Package Price: $1,204,000BATVAI:

$132,000

2622 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003489
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Package Price: $1,204,000BATVAI:

$132,000

2627 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003506
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Package Price: $1,204,000BATVAI

$132,000

2637 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003514
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Package price: $1,204,000 BATVAL:

$132,000

2616 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003497
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Price Package: $1,204,000BATVAI:

$132,000

2612 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003502
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Package Price: $1,204,000BATVAI:

$132,000

2647 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20240003517
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Century 21 Curran & Oberski
View additional info

PACKAGE DEAL in North Corktown 8 lots total, the site comes with more than 268 feet of frontage of the 8 lots. The property is located within walking distance to Corktown and newly remodeled tigers stadium, adjacent to Motor City Casino and minutes away from the CITY. Ford's Michigan Central Station, is currently undergoing a $740 million renovation. Ford's Corktown Campus promises to bring 5,000+ new jobs to the neighborhood and will create a need for 1,100 new residential units. Lots are sold as a package deal total of 8 Lots. Addresses of the 8 are : 2642 2630 2622 2616 2612 2647 2637 2627. Price: of all 8 lots $1,204,000. BATVAI

$65,000

2019 BUTTERNUT Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
81024004298
Type:
Land
Subdivision:
CLARKS SUB PART OF LOT 2 (PLATS)
Lot size:
0.09 Acres
A broker reciprocity listing Courtesy: EXP Realty, LLC
View additional info

Unlock the potential of urban living in the heart of Detroit with this extraordinary vacant lot. Boasting coveted residential zoning, this property presents a rare opportunity for those with a vision of city life. Situated in the dynamic landscape of downtown Detroit, this vacant lot is a blank canvas awaiting your creative touch.

$15,000

2034 Vinewood St Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
58050129623
Type:
Land
Subdivision:
Scotten Lovett & Davis Sub
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Bolton-Johnston Assoc. of G.P.
View additional info

This lot is in the heart of Southwest Detroit and all it offers.

$48,263

2927 ROSA PARKS Boulevard Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20230052403
Type:
Land
Subdivision:
CABACIER FARM SUB PLAT OF SUB PT BLK 4 PC 227
Lot size:
0.22 Acres
A broker reciprocity listing Courtesy: Real Estate One-Southfield
View additional info

Welcome to the latest offering from the Detroit Land Bank Authority. Prime lot located in North Corktown ready for development. 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 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

$49,000

3009 COCHRANE Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20230045258
Type:
Land
Subdivision:
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: O'Connor Realty Detroit, LLC
View additional info

Development opportunity available in North Corktown. This 3,093-square-foot lot is located in a dense area of North Corktown with close proximity to Michigan Central Station, Corktown, and Downtown.

$4,500

2831 WILLIAMS Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20230031132
Type:
Land
Subdivision:
J W JOHNSTONS SUB (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty-Great Lakes
View additional info

Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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 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.

$4,500

2837 WILLIAMS Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20230031131
Type:
Land
Subdivision:
J W JOHNSTONS SUB (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty-Great Lakes
View additional info

Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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 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.

$4,500

2843 WILLIAMS Street Detroit, MI 48216

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
20230031130
Type:
Land
Subdivision:
J W JOHNSTONS SUB (PLATS)
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty-Great Lakes
View additional info

Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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 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.

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