Commercial Land in Franklin
For Sale
$35,651
18110 WEAVER Street, Detroit, MI 48228
Over 37,000 sq ft of commercial space available.
Lot Size0.86 Acres
Days on Market907
Property Features for 18110 WEAVER Street
General Information
Standard status
Active
Lot size
0.86 Acres
Property subtype
Lots/Land
Listing Agency:
Real Estate One-Southfield
(248) 723-0055
Listed By:
Gene Kelley II · License #6501293908
(248) 723-0055
Source:
Exitrealty
Added: Feb 7, 2024
Changed: Jul 6
Last Checked: Aug 2 at 4:33AM
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 Real Estate One-Southfield
Investment Insights
Based on property information with market context.
This commercial land, encompassing over 37,000 sq ft, is located in the Franklin Park subdivision. It is offered by the Detroit Land Bank Authority (DLBA) as a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land bank Authority 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Key Highlights
- Over 37,000 sq ft of commercial space available for development.
- Located in the Franklin Park subdivision.
- Land‑based site suitable for urban agriculture, gardening, or beautification projects.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Over 37,000 sq ft of commercial space available.
Where is this commercial land located?
The property is located at 18110 WEAVER Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,651.
What are key features of this property?
This property features: Over 37,000 sq ft of commercial space available for development.; Located in the Franklin Park subdivision.; Land‑based site suitable for urban agriculture, gardening, or beautification projects.
