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$25,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261007348
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50X150
Source Realcomp
Property Description
Vacant Land Opportunity – Islandview Neighborhood. Welcome to the latest offering from the Detroit Land Bank Authority (DLBA): seven (7) buildable lots located in the Islandview neighborhood, just minutes from Belle Isle Park. The DLBA is issuing a Request for Proposals (RFP) for small- to medium-scale infill development. The goal of this offering is to increase housing supply, restore the urban fabric, and support greater density and walkability within the neighborhood. The parcels are currently zoned R2; however, higher-density proposals may be considered through a conditional use approval. Interested purchasers should review the DLBA proposal guidelines for new-build opportunities and submit a detailed project description with their proposal. The DLBA also recommends reviewing the Islandview Greater Villages Neighborhood Framework Plan prepared by the City of Detroit's Planning and Development Department for additional neighborhood context. Please note that the DLBA is entitled to a tax capture for five (5) tax years following the transfer of ownership. This tax capture may be incompatible with certain tax abatements and/or lot combinations otherwise available to the selected purchaser. Requests to waive the DLBA's tax capture rights will be reviewed on a case-by-case basis and may require a payment in lieu of taxes (PILOT). Any such payment will be determined based on the proposed development pro forma and the impact of tax abatements on purchase and financing.Included Parcels: 2148, 2158, 2166, 2172, 2184, 2194, 2196 Field Street. Total Site Area: Approximately 44,261 square feet. Total Listing Price: $25,000. RFP Deadline: Proposals must be submitted no later than February 27, 2026 at 5:00 PM.
Location
State MI
County Wayne
Zoning Residential
Direction North of Kercheval Ave and East of E Grand Blvd
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W17I013564S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Keller Williams Realty-Great Lakes
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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