Detroit Land Bank
2417 W EDSEL FORD Freeway Detroit, MI 48208
For Sale
$101,000
LAND - Detroit, MI
Lot Size0.12 Acres
Days on Market828
Property Features for 2417 W EDSEL FORD Freeway
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W10I006313S
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- W 16TH 45 N 18.04 FT OF W 59.25 FT 44 MARY E ARMSTRONGS SUB L6 P8 PLATS, W C R 10/48 30 IRREG
Utilities
- Water source
- Public
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Apr 17, 2024
Changed: May 13
Last Checked: Jul 23 at 5:06PM
MLS# 20240024639
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Investment Insights
Based on property information with market context.
Seven lots are available for a new construction opportunity. The lots, which cannot be sold separately, include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, and 5251 16th in Detroit, MI. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The DLBA is entitled to a tax capture for the five tax years following property ownership transfer, which may be incompatible with available tax abatements. Payment will be determined upon reviewing the development proforma and the effect of any tax abatements on purchase and development financing. The total lot size is 0.12 acres.
Key Highlights
- Opportunity for small- to medium‑scale infill development to increase housing supply.
- Seven contiguous lots available for a single development vision.
- Aims to restore urban fabric, density, and walkability.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Seven residential lots available for infill development in Detroit.
Where is this residential land & home lot located?
The property is located at 2417 W EDSEL FORD Freeway Detroit, MI.
What is the asking price?
The asking price for this property is $101,000.
What are key features of this property?
This property features: Opportunity for small- to medium‑scale infill development to increase housing supply.; Seven contiguous lots available for a single development vision.; Aims to restore urban fabric, density, and walkability.