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2762 VERMONT, Detroit
$24,250
2210010876 MLS ⋅ PENDING Status
New Infill Development Opportunity. Vacant Land located in the highly desired North Corktown neighborhood. Lot size is 40 x 93 ft. Address included in subject listing is: 2762 Vermont. Adjacent parcel at 2754 Vermont is also available for sale for the price and development terms. The subject parcel is Zoned as R2 Low Density Residential District. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller.

2762 VERMONT, Detroit

2754 VERMONT, Detroit
$24,250
2210010546 MLS ⋅ PENDING Status
New Infill Development Opportunity. Vacant Land located in the highly desired North Corktown neighborhood. Lot size is 40 x 93 ft. Address included in subject listing is: 2754 Vermont. Adjacent parcel at 2762 Vermont is also available for sale for the price and development terms. The subject parcel is Zoned as R2 Low Density Residential District. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller.

2754 VERMONT, Detroit

300 HORTON Street, Detroit
$24,000
20261012337 MLS ⋅ PENDING Status
Build your dream home or a multi-family development to suit. Zoned 3. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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.

300 HORTON Street, Detroit

300 HORTON Street, Detroit
$24,000
218078514 MLS ⋅ PENDING Status
Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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. 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.

300 HORTON Street, Detroit

231 Harmon Street, Detroit
$20,000
20261048541 MLS ⋅ PENDING Status
Vacant lot sold with 219 and 225 Harmon. All 3 lots total 10,845 sqft. Not sold separately. Zoned R3. 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

231 Harmon Street, Detroit

225 Harmon Street, Detroit
$20,000
20261048476 MLS ⋅ PENDING Status
Vacant lot sold with 219 and 231 Harmon. All 3 lots total 10,845 sqft. Not sold separately. Zoned R3. 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 Please see attached documents for DLBA requirements and offer submission information.

225 Harmon Street, Detroit

219 Harmon Street, Detroit
$20,000
20261045418 MLS ⋅ PENDING Status
Vacant lot sold with 225 and 231 Harmon. All 3 lots total 10,845 sqft. Not sold separately. Zoned R3. 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 Please see attached documents for DLBA requirements and offer submission information.

219 Harmon Street, Detroit

1927 SPRUCE, Detroit
$19,900
2200097467 MLS ⋅ PENDING Status
New Development Opportunity. Vacant Land located in the highly desired North Corktown neighborhood. Lot size is 52 x 70 ft. Addresses included in subject listing are: 1927 & 1935 Spruce Street. Land is Zoned as R2 Low Density Residential District. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller.

1927 SPRUCE, Detroit

7719 E Lafayette Street, Detroit
$18,000
20261038488 MLS ⋅ ACTIVE BACKUP Status
Prime development opportunity in Detroit’s Islandview neighborhood, offering endless potential in a rapidly developing residential area. Located just minutes from Detroit’s riverfront, Belle Isle, and Downtown Detroit, these parcels provide an ideal canvas for new residential construction in a vibrant and growing community. Convenient access to major corridors, neighborhood amenities, and ongoing redevelopment makes this an excellent opportunity for builders, developers, or long-term investors. This sale includes land on 1000 Baldwin and 7719 E. Lafayette. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

7719 E Lafayette Street, Detroit