1514 GRAY Street Detroit, MI 48215
- Added:
- May 18, 2025
- Days on Market:
- 320
- Last Refresh:
- Apr 2 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
Building Details
- Architectural style
- Other
Listing agent Leonard A Pickett III (248) 440-2268
Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI (248) 440-2268
Listing date May 18, 2025
MLS# 20250036689
Listing URL
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Overview
Vacant Land Bundle in Detroit
This property is offered as a bundle comprising four vacant lots located at 1528, 1508, and 1522 Gray, and 12905 Brooks in Detroit, MI. The combined area of the lots totals 20,128 square feet. The properties are not available for individual purchase and must be acquired together. The zoning is residential. Prospective buyers are required to submit a purchase proposal that includes detailed rehabilitation plans, a financing plan with proof of funds or pre-approval letter, or a new construction loan. The proposal should also include sketches and financing plans for the vacant lots. 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 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 guidelines and submission instructions.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9552777
- Latitude
- 42.3729868
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Bundle of vacant lots for sale in Detroit, Michigan.
Where is this single family property 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 house and 4 vacant lots totaling 20,128 sqft.; Offered at a price of $30,000 for all properties.; Opportunity for full property rehabilitation and new construction.
