New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. Sale includes 3363 and 3369 Roosevelt. 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.
Great building opportunity in the Woodbridge neighborhood! Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. 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.
Great building opportunity in the Woodbridge neighborhood! The lot is zoned residential, R2. Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. 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.
Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. 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
Looking for a new build infill opportunity in Cork town? Sale includes 4 lots that cannot be sold separately, 5286 Stanton, 5278 Stanton, 5268 Stanton and 5260 Stanton. 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
Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. 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
Want to Be in the Heart of it All, Now's Your Opportunity to build in a thriving community and includes 2221 W. Grand Blvd and 7322 Lawton. Close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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.
Looking for a new build infill opportunity in Historic North Cork town? 4 lots located in an area of new construction properties where you can complete the block. Sale includes 3967, 3973, 3979 & 3985 17th. 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.
Woodbridge Turnkey Development Opportunity! Arise Woodbridge is a 10-townhome development project located at the corner of Trumbull & Lysander. Trumbull Avenue offers great amenities and the site proximity from Midtown and Wayne State university is very attractive to potential condo buyers. Located on a corner lot, the project site is also very visible from traffic up and down Trumbull avenue. Perfect for a new developer or a GC, the project is ready to go with construction drawings, condo docs, and NEZ certificates. This unique townhome concept by CH Architects blends nicely in the historic Woodbridge neighborhood while offering a modern design, attractive to condo buyers. The project has been engineered with the help of the expert development team at Berkshire Hathaway The Loft Warehouse and comes with a complete marketing package, including branding, logo, visual identity, website and marketing assets. Land includes 3 parcels: 4515 Trumbull (08005871), 4503 Trumbull (08005872) and 1520 Lysander (08001275).
Situated in a prime location just minutes from Corktown, the Core Cities neighborhoods, and the newly established Ford Mobility Center at Michigan Central train station, this unique offering spans an entire 3.72-acre city block with direct access from Mack Ave and I-96. Perfect for residential or mixed-use projects, the site neighbors land bank parcels, opening the door to shape a fresh neighborhood in Detroit's dynamic landscape. Currently zoned as M3 (General Industrial) and steeped in history as the former Thorn Apple Valley meat smoking factory, it offers both nostalgic charm and vast developmental potential. To streamline the acquisition, the seller is providing favorable financing options, ready to hold at a competitive 6 interest. A stellar opportunity for developers to spearhead Detroit's urban revival.
Vacant Land located in the Woodbridge neighborhood. Addresses included in subject listing are: 5173 Wabash, 5167 Wabash, 5159 Wabash. Lots are each approximately .14 acres each. Total purchase price is $39,900. 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.
Don't miss this incredible opportunity to own prime land in one of Detroit's most sought-after locations. This expansive plot, situated near Downtown Detroit, offers endless potential for developers and investors alike. Boasting a strategic location, this property is ideal for commercial or residential projects. The land's promising size provides ample space for construction, ensuring a truly customizable project. With close proximity to the bustling heart of the city, residents will enjoy easy access to an array of amenities, including shopping centers, restaurants, and cultural attractions. Seize this chance to shape Detroit's future. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Welcome to the latest offering from the Detroit Land Bank Authority. 3 Buildable lots in the Woodbridge area waiting for your development ideas. Sale includes 5129 and 5119 Vermont as well. Over 16,000 sqft of buildable area. In addition, the Detroit Land bank has additional parcels available nearby to potentially add to a project. 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
Welcome to the latest offering from the Detroit Land Bank authority. 4 buildable residential lots located in the Elijah McCoy Subdivision. Sale includes 6081, 6075, and 6063 Wabash. Over 30,000 sqft of buildable space just waiting for your development ideas. 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
Zoned R5. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND. BATVAI
Sold with 1832, 1840, W Grand Blvd, and 3934,3940 Moore Pl. All 5 lots total= 25,888 sqft. Not sold separately. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI
Residential infill development opportunity in Core City. The addresses included in the sale are: 4250, 4260 and 4264 16th Street. 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.
BUNDLED WITH 4134 AND 4144 VERMONT= $65,000. NOT SOLD SEPERATELY. 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.PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS AND OFFER SUBMISSION INFORMATION.
Bundled w/ 1946 Alexandrine, 4108,4116,4124 Vermont=$135,000.Not Sold Separately.Building should define space in meaningful way.It should be designed to complement community.Provide a diverse residential stock and density at a variety of procedure of price points, ownership types (i.e rent,own), housing types.Densities shall support opportunities for neighborhood commercial investments and 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 and 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 abatement on the purchase and development financing.Please see attached docs to submit offer.
CORE CITY LAND BUNDLE! 9 Parcels included in the sale. 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. Included addresses: 4253 Lawton, 4281 Lawton, 4271 Lawton, 4267 Lawton, 4245 Lawton, 4241 Lawton, 4235 Lawton, 4229 Lawton, 4251 Lawton. LOTS CANNOT BE PURCHASED SEPARATELY. Total price for bundle: $29,900
2 vacant land parcels in CORE CITY! Total of 0.12 acres. 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. LOTS WILL NOT BE SOLD SEPARATELY. Addresses are: 2005 Poplar & 2007 Poplar. Total of 0.12 acres. Bundle price is $7,000
Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission
Welcome to the latest offering from the Detroit land Bank authority. 3 Vacant lots in the Chadsey/Condon area ready for infill development. Sale includes 3257 and 3249 Vinewood. 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
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.
Great Investment Opportunity! This lot is being sold as a bundle with 2427 Ash, Detroit, 2439 Ash, Detroit, 3094 17th, Detroit, and 3106 17th, Detroit (MLS#20230031137, 20230031143, 20230031145, 20230031148) for $38,400. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. 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.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48208 has a population of 645,658. Detroit 48208 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48208 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48208 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.