Infill Opportunity on Malcolm
6008 Malcolm St Detroit, MI 48213
6008 Malcolm St, Detroit, MI, 48213
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For Sale
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Fantastic infill opportunity in Detroit's redevelopment area.
Days on Market70
Property Features for 6008 Malcolm St
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Bellabay Realty Tri Counties
(248) 274-6614
Listed by
Natasha C Richards · License #6502385914
(248) 274-6614
Source
Elliman
Added: May 14 Updated: Jul 10 at 1:38PM Checked: Jul 22 at 11:26AM
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Investment Insights
Based on property information with market context.
This offering presents a fantastic infill opportunity within a redevelopment area. The sale encompasses three parcels: 6008, 6014, and 6002 Malcolm, and they are not sold separately. Interested buyers should consult the provided proposal guidelines for new build opportunities. It is recommended to review 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 (DLBA) 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 abatement 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 abatement on the purchase and development financing. The bike score is 52, indicating the location is bikeable. The walk score is 32, indicating car-dependent. The transit score is 45, indicating some transit options are available.
Key Highlights
- Infill opportunity in a redeveloping area.
- Sale includes three parcels: 6008, 6014, and 6002 Malcolm.
- DLBA proposal guidelines available for new build opportunities.
Property Analytics
Property Profile
Location Intelligence
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Land
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FAQs
What type of property is this?
Land - Fantastic infill opportunity in Detroit's redevelopment area.
Where is this land located?
The property is located at 6008 Malcolm St 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: Infill opportunity in a redeveloping area.; Sale includes three parcels: 6008, 6014, and 6002 Malcolm.; DLBA proposal guidelines available for new build opportunities.