Automotive Building in Detroit
For Sale
Contact for pricing
12098 Flanders Street, Detroit, MI 48205
Automotive use building for sale by Detroit Landbank Authority.
Property Size1,386 SF
Days on Market687
Property Features for 12098 Flanders Street
General Information
Standard status
Active
Size
1,386 SF
Property subtype
Commercial
Zoning
Commercial
Building Details
Building Size
1,386 SF
Year Built
1983
Stories
1
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Homesforsaleinmich
Added: Oct 7, 2024
Changed: Aug 23
Last Checked: Aug 23 at 6:45AM
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 Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This automotive use building is offered for sale by the Detroit Landbank Authority. The sale is contingent on the execution of a development agreement between the buyer and seller. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years following the transfer of ownership. This tax capture may not be compatible with tax abatements and lot combinations available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes. The payment amount will be determined upon reviewing the development proforma and the effect of any tax abatements on the purchase and development financing. The property has a bike score of 63, indicating it is bikeable. The walk score is 26, indicating car dependence, and the transit score is 48, indicating some transit options are available.
Key Highlights
- Automotive use building available.
- Opportunity to acquire property from the Detroit Land Bank Authority.
- Building constructed in 1983.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 7%
Electronics 5%
BP
Shops & Services
11,872 visits/mo
0.4 miles
Sunoco
Shops & Services
8,330 visits/mo
0.4 miles
AutoZone
Shops & Services
4,424 visits/mo
0.4 miles
Little Caesars Pizza
Dining
1,984 visits/mo
0.1 miles
Boost Mobile
Electronics
1,304 visits/mo
0.2 miles
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Similar Off Market Nearby
- ATM — 13003 Gratiot Ave, Detroit, MI 48205
Frequently Asked Questions
What type of property is this?
Automotive property - Automotive use building for sale by Detroit Landbank Authority.
Where is this automotive property located?
The property is located at 12098 Flanders Street Detroit, MI.
What are key features of this property?
This property features: Automotive use building available.; Opportunity to acquire property from the Detroit Land Bank Authority.; Building constructed in 1983.
