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    Residential Land Bundle in Detroit

    1514 GRAY Street Detroit, MI 48215

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    For Sale
    Contact for pricing

    LAND - Detroit, MI

    Lot size:
    0.08 Acres
    Added:
    May 18, 2025
    Days on Market:
    421
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 1514 GRAY Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    21048454.
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    E GRAY 155 STERLING PARK SUB L27 P61 PLATS, W C R 21/310 30 X 122.24

    Utilities

    Water source
    Public

    Listing agent Leonard A Pickett III License #6501306589

    Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

    Listing date May 18, 2025

    MLS# 20250036689 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This property is sold as a bundle with four vacant lots located at 1528, 1508, and 1522 Gray Street, and 12905 Brooks Street, Detroit, MI 48215, totaling 20,128 square feet. The properties are not sold separately and are offered together. The property requires a full rehabilitation. Prospective buyers are required to submit a purchase proposal that includes detailed rehabilitation plans, a financing plan with proof of funds or a pre-approval letter, or a new construction loan. The proposal should also include plans for the vacant lots, complete with sketches and financing details. The Detroit Land Bank Authority is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the purchaser. The 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The lot size is approximately 0.08 acres.

    Key Highlights

    • Bundle includes a property and 4 vacant lots totaling 20,128 sqft.
    • All lots sold together for $30,000.
    • Public water source available.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Nail Salon Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Residential land & home lot - Bundle of lots for sale in Detroit, Michigan.
    Where is this residential land & home lot located?
    The property is located at 1514 GRAY Street Detroit, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Bundle includes a property and 4 vacant lots totaling 20,128 sqft.; All lots sold together for $30,000.; Public water source available.
    Contact an agent
    (248) 440-2268
    We can help!
    Contact an agent
    Leonard A Pickett III
    Real Estate License ID: 6501306589
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