These are seven contiguous vacant lots available in the Core City neighborhood, including: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt, with a combined total of approximately 0.44 acres. Situated near Grand River Ave and Buchanan… Read More St. Zoned residential, this bundle offers excellent potential for new construction/infill development. All lots must be purchased together and cannot be separated. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Realty-Great Lakes, (586) 541-4000
Listing Snapshot
Days Online
191
Last Updated
Property Type
Vacant Land
Lot Size
0.07 Acres
MLS Number
20251038911
30 Days Snapshot Of 48208
$101k
-30%
(avg) sold price
6
-33%
homes sold
106
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Water Features
Other
Lot
Lot size area: 0.07, Lot size dimensions: 30.87X100
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
3rd Party Unknown
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