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    Renovation Opportunity with Vacant Lot Title is generated by Realmo AI

    2540 W Forest Ave, Detroit, MI 48208

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    Claim this Listing
    For Sale
    $60,000

    Structure for renovation and adjacent vacant lot available together.

    Type:Land
    Added:
    Apr 27, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 27 at 8:36 pm

    Property Features for 2540 W Forest Ave

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Erick Monzo

    Listing agent Erick Monzo

    Listing office SCS Great Lakes INC

    Listing date Apr 27, 2026

    Source Elliman

    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 SCS Great Lakes INC

    HighLights

    • Opportunity to acquire a property and adjacent vacant lot together.
    • DLBA seeking proposals for renovation and redevelopment.
    • Bundle package offered at $60,000.
    • Good Transit Score (50).
    • Bikeable Score (68).
    • Opportunity to contribute positively to the surrounding neighborhood.

    Overview

    The properties at 2546 W. Forest and 2540 W. Forest offer an opportunity to acquire a structure requiring renovation, along with an adjacent vacant lot. The Detroit Land Bank Authority (DLBA) seeks a qualified proposal for the rehabilitation of 2546 W. Forest, with 2540 W. Forest included as part of the overall site plan and redevelopment approach. Proposals should outline the renovation scope for the existing structure, the intended use of the additional lot, project costs, timeline, and proof of sufficient funds to support completion. The strongest proposals will demonstrate a feasible redevelopment plan, relevant experience, and a cohesive vision for both parcels that contributes positively to the surrounding neighborhood. These properties are part of a bundle package and must be sold together. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The bike score is 68, indicating the location is bikeable. The walk score is 40, indicating car-dependence. The transit score is 50, indicating good transit options.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.08944
    Latitude
    42.34555

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    FAQs

    What type of property is this?
    Land - Structure for renovation and adjacent vacant lot available together.
    Where is this land located?
    The property is located at 2540 W Forest Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Opportunity to acquire a property and adjacent vacant lot together.; DLBA seeking proposals for renovation and redevelopment.; Bundle package offered at $60,000.
    (586) 210-3350
    We can help!
    Listing Contact
    Erick Monzo
    Learn More
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