48216 Land for Sale

48216 Land for Sale

Welcome to the vibrant heart of Detroit, nestled within the 48216 ZIP code! Known for its rich history and dynamic culture, this area is a hidden gem that offers a unique blend of urban living and community spirit. Located in Wayne County, 48216 is a thriving enclave that boasts proximity to the Detroit River, providing residents with stunning waterfront views and recreational opportunities.

As you explore this captivating neighborhood, you'll discover a diverse array of amenities, from local eateries serving up delicious cuisine to charming parks perfect for leisurely strolls or family picnics. The community is steeped in a sense of pride, with numerous events and gatherings that foster connections among neighbors and celebrate the area's heritage.

For those looking to invest in land, 48216 presents a fantastic opportunity. With various parcels of land available for sale, you can envision your dream home or a vibrant new development in a locale that is on the rise. Whether you’re an aspiring homeowner or a savvy investor, the potential for growth here is immense, with the city of Detroit continuing to evolve and flourish.

Imagine creating your own sanctuary in this charming area, where the spirit of community meets the pulse of a city in transformation. With convenient access to major highways, public transportation, and a wealth of cultural attractions, 48216 is not just a place to live; it’s a lifestyle waiting to be embraced. Seize this opportunity to be part of Detroit’s exciting future!

Newest 48216 Land for Sale

$18,500
20261072174 MLS ACTIVE Status
INVESTMENT & INFILL DEVELOPMENT OPPORTUNITY! Vacant residential lot located at 2943 Cochrane St, Detroit, MI 48216, in the established Briggs neighborhood. Parcel Number: 08006559. This approximately 31' x 100' parcel offers an excellent opportunity for investors, builders, and developers looking to add new construction to an established residential area. The property is zoned R2 – Two-Family Residential, offering potential for residential development subject to current City of Detroit zoning requirements, approvals, and applicable building regulations.Conveniently located near Michigan Avenue, Corktown, Mexicantown, and Downtown Detroit, with easy access to major thoroughfares, employment centers, restaurants, entertainment, shopping, and neighborhood amenities. The surrounding area features a mix of established homes, renovated properties, and infill development, making this an attractive location for continued neighborhood investment and revitalization. Burton International School is also located nearby.Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: 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. 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.

2943 Cochrane Street, Detroit

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