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    2628 Rosa Parks Blvd Detroit, MI 48216

    Under Contract
    For Sale
    Contact for pricing

    Vacant Land - Detroit, MI

    Lot size:
    0.09 Acres
    Days on Market:
    1127
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 2628 Rosa Parks Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Multi-Family,Multiple,Residential,Site Plan Condo
    APN
    W08I007455S
    Lot size
    0.09 Acres

    Building Details

    Architectural style
    Other

    Premier Property Services (313) 822-9000 [email protected]

    Listing agent James Bufalino (313) 822-9000

    Listing date Nov 15, 2022

    MLS# 2220017413 Listing URL

    Copyright © 2025 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.

    Overview

    Vacant Land in Detroit, MI

    This vacant land in Detroit, MI, is zoned for Multi-Family, Multiple, Residential, and Site Plan Condo uses. The property is intended for building that defines space in a meaningful way and complements the community. The development should provide a diverse residential stock and density at a variety of price points and ownership types, such as rental and ownership options, and housing types. Densities should support opportunities for neighborhood commercial investments and job creation, stimulating growth in the local economy. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements otherwise 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 will be determined upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0737077
    Latitude
    42.3348756

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant land suitable for residential development in Detroit, Michigan.
    Where is this residential land & home lot located?
    The property is located at 2628 Rosa Parks Blvd Detroit, MI.
    What is the asking price?
    The asking price for this property is $26,200.
    What are key features of this property?
    This property features: - Opportunity for diverse residential development (rent, own, housing types).; - Potential to stimulate local economy through neighborhood commercial investments and job creation.; - Designed to complement the community.
    (313) 822-9000
    Request Owner's contact information
    2628 Rosa Parks Blvd Detroit, MI 48216
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    Detroit, MI 48216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2628 Rosa Parks Blvd Detroit, MI 48216
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