GOOD DEVELOPMENT SITE FOR SALE! There are a total or 7 lots included (tax, size and SEV info in this listing is only for 1 of the lots). The other addresses include: 2538 S. Schaefer, 2542 S. Schaefer, 2546 S. Schaefer, 2550 S. Schaefer, 2554 S. Schaefer, 2558 S. Schaefer. The total frontage is 280'. Dimensions for all lots combined: 280X100. IDEAL FOR A CAR WASH, FAST FOOD, STRIP CENTER /OIL CHANGE OR OTHER IDEAS.. CORNER OF SCHAEFER & BEACON IN SOUTHWEST DETROIT. TOTAL OF 7 LOTS. Seller is related to Agent. Buyers Agent to verify allowed uses with the City of Detroit. ALL DATA & MEASURES ARE APPROX, BATVAI Land Contract terms are negotiable
Investment Opportunity ââ?¬â?? Prime Vacant Land in South West Detroit Attention investors and developers! Seize this opportunity to acquire a strategically located vacant lot in Detroit. This parcel presents incredible potential residential development, making it a great addition to any real estate portfolio. With Detroitââ?¬â?¢s resurgence and continuous urban development, this lot offers the perfect chance to capitalize on the city's growth. Located just minutes from major highways, including I-96 and the Southfield Freeway, the property provides convenient access to downtown, suburban areas, and local amenities. Whether you're considering new construction, rental properties, or a land bank for future appreciation, this is an excellent site to invest in Detroitââ?¬â?¢s expanding real estate market. The area is poised for development, and this cleared, build-ready lot is an ideal opportunity to stay ahead of the curve. Donââ?¬â?¢t miss out on this chance to invest in a growing market!
Great opportunity for infill housing development. This land is bundled with 26121 W Outer, 3626, 3622,3610, 3606, 3602,3598,3632,3618, 3614, and 3594 Electric, totaling=42,588 sqft. Not sold separately. Zoned R1. 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 buildable commercial lots on a well traveled road. Bring your plans and your ideas. Over 10,000 sqft of buildable space available in this bundle. Sale includes, 2607 and 2613 Fort st. as well. The lots are Zoned B-4 and a commercial structure should be considered here. 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.
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.
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 48217 has a population of 645,658. Detroit 48217 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 48217 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 48217 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.