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$13,000
Est. payment /mo
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261022011
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30X145
Source Realcomp
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes four (4) residential parcels located at 4467, 4473, 4479 & 4485 18th St in Detroit's Core City neighborhood. Properties must be sold together for a total purchase price of $52,000, presenting an excellent opportunity for new construction infill development in a rapidly developing area. Each lot measures approximately 30' x 145', providing ample depth and flexibility for single-family development consistent with neighborhood revitalization goals. The surrounding block features a mix of occupied homes, ongoing renovations, and new construction, supporting strong long-term residential demand. Conveniently located on 18th St between W Forest Ave and Buchanan St, just west of Rosa Parks Blvd and south of I-94, with quick access to Midtown, Corktown, Downtown Detroit, Henry Ford Hospital, major employment centers, public transit, parks, and neighborhood amenities. Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawings, and documentation of prior similar projects (addresses and photos). Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold as-is. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed case-by-case and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma. Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD). Contact listing broker for application link and submission instructions.
Location
State MI
County Wayne
Zoning Residential
Direction North of W Forest Ave, South of Buchanan St
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W10I007825S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Atlas Properties Inc
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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