2957 E Vernor Highway Detroit, MI 48207

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Added: Sep 24, 2025 Updated: May 13 at 3:30AM Checked: Jul 22 at 8:06PM

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MLS# 20251036338

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Investment Insights

Based on property information with market context.

This residential land presents a build opportunity. The sale includes multiple lots: 2957, 2949, 2943, 2937, and 2929 E. Vernor, which are not sold separately. The total lot size is 0.08 acres. Interested buyers should consult proposal guidelines for new build opportunities. It is recommended to review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA 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.

Key Highlights

• Residential build opportunity with multiple lots included (2957, 2949, 2943, 2937, 2929 E. Vernor).
• Total price for all lots: $42,500.
• Public water source available.

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FAQs

What type of property is this?

Residential land & home lot - Residential land available for new construction in Detroit, Michigan.

Where is this residential land & home lot located?

The property is located at 2957 E Vernor Highway Detroit, MI.

What is the asking price?

The asking price for this property is $42,500.

What are key features of this property?

This property features: Residential build opportunity with multiple lots included (2957, 2949, 2943, 2937, 2929 E. Vernor).; Total price for all lots: $42,500.; Public water source available.