Property profile

2776 25Th St Detroit, MI 48216

FOR SALE
Residential land & home lots
Property ID
US43-1511179
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Property summary

AI-generated overview

7 lots offered for residential build opportunities to be sold together and cannot be seperated. Sale includes 2776, 2784, 2790, 2796, 2800, 2808, and 2814 25th St.. Situated in close proximity to Corktown, soon to come Alumnifi Soccer Field and downtown Detroit, making it an attractive investment for the right buyer. Interested buyers should consult our proposal guidelines for new build opportunities. 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 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.

Property profile

Verified
Property type Residential land & home lots
UPID US43-1511179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2776 25Th St Detroit, MI 48216
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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