Residential Land in Detroit's North
For Sale
$35,000
302 Belmont Street, Detroit, MI 48202
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market211
Property Features for 302 Belmont Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Moore Hodges & Warrens Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
North on John R Street to Belmont Street
Standard status
Active
APN
W01I003231S
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
S BELMONT E 30 FT 50 MOORE, HODGES & WARRENS L14 P13 PLATS, W C R 1/126 30 X 128
Legal Description
S BELMONT E 30 FT 50 MOORE, HODGES & WARRENS L14 P13 PLATS, W C R 1/126 30 X 128
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Jan 7
Changed: May 13
Last Checked: Aug 6 at 3:06AM
MLS# 20251061415
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Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire four connected vacant land parcels in Detroit's North End. The property consists of four contiguous parcels: 278 Belmont, 288 Belmont, 296 Belmont, and 302 Belmont, which must be purchased together as they cannot be split. Zoned residential, the combined 0.09-acre property provides potential for a new-build or infill development. Interested buyers are required to submit a proposal that includes a project proposal outlining the intended use and timeline, proof of funds, a scope of work detailing renovation costs, and proof of previous projects with addresses and photos. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and improving density and walkability. Buyers should consult 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 tax capture for the five tax years following property ownership transfer, which may be incompatible with other available tax abatements. Requests to waive tax capture rights will be reviewed, and a payment in lieu of taxes may be required upon reviewing the development pro forma and the effect of any tax abatement on financing.
Key Highlights
- Four Contiguous Vacant Land Parcels: Offers a substantial footprint for development.
- Bundle Sale Only: Must purchase all four parcels together, simplifying acquisition for a larger project.
- Zoned Residential: Suitable for new‑build/infill housing development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four contiguous parcels zoned residential, ideal for new development.
Where is this residential land & home lot located?
The property is located at 302 Belmont Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Four Contiguous Vacant Land Parcels: Offers a substantial footprint for development.; Bundle Sale Only: Must purchase all four parcels together, simplifying acquisition for a larger project.; Zoned Residential: Suitable for new‑build/infill housing development.
