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Vacant Residential Land Lot
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1030 Helen Street, Detroit, MI 48207

Vacant residential lot offered by the Detroit Land Bank with DLBA proposal guidelines for site activation.

Property SizeContact for details
Days on Market691

Property Features for 1030 Helen Street

General Information

Standard status Active
Property subtype Land
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo · License #6501330189
Source: Compass
Added: Sep 22, 2024 Changed: Aug 8 Last Checked: Jul 21 at 1:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Great Lakes

Investment Insights

Based on property information with market context.

This vacant residential lot at 1030 Helen Street is being offered for sale by the Detroit Land Bank. The DLBA is seeking proposals that support activation and stewardship of vacant land sites, including options such as urban agriculture, gardening, or beautification for either for-profit use or community activation. Interested buyers should review the DLBA proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance.

The DLBA also notes that it is entitled to a tax capture for the five tax years subsequent to transferring ownership. It further states that the tax capture may be incompatible with tax abatement that could otherwise be available to a selected purchaser, and that any request to waive tax capture may require a payment in lieu of taxes determined through review of the development proforma and the effect of tax abatement on purchase and development financing.

Key Highlights

  • Vacant residential lot offered by the Detroit Land Bank (DLBA).
  • DLBA is seeking proposals for activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification.
  • Proposals may be for profit or community activation; review DLBA proposal guidelines for land‑based sites.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Real Estate Agency Electrical Service Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residential lot offered by the Detroit Land Bank with DLBA proposal guidelines for site activation.
Where is this residential land & home lot located?
The property is located at 1030 Helen 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: Vacant residential lot offered by the Detroit Land Bank (DLBA).; DLBA is seeking proposals for activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification.; Proposals may be for profit or community activation; review DLBA proposal guidelines for land‑based sites.
More about this property
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