Residential Development
For Sale
Contact for pricing
3028 14th Street, Detroit, MI 48216
For-sale Detroit lot offered as part of a bundle with 3034 14th St.
Property SizeContact for details
Days on Market580
Property Features for 3028 14th Street
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Jan 10, 2025
Changed: Aug 8
Last Checked: Jul 16 at 2:08AM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This offering is for a residential development lot being sold as a bundle with 3034 14th St. The remarks indicate an opportunity aligned with small- to medium-scale infill development intended to increase housing supply and support restoration of the urban fabric.
The property is located in Detroit, with the seller noting a short commute to several local freeways and proximity to Corktown. The City of Detroit’s Planning and Development Department Neighborhood Framework Plans are referenced for additional neighborhood context.
The remarks also include a note that the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The DLBA states that the tax capture may be incompatible with tax abatements otherwise available to the selected purchaser, and that requests to waive tax capture rights may require a payment in lieu of taxes, determined based on the development pro forma and financing impact.
The property is located in Detroit, with the seller noting a short commute to several local freeways and proximity to Corktown. The City of Detroit’s Planning and Development Department Neighborhood Framework Plans are referenced for additional neighborhood context.
The remarks also include a note that the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The DLBA states that the tax capture may be incompatible with tax abatements otherwise available to the selected purchaser, and that requests to waive tax capture rights may require a payment in lieu of taxes, determined based on the development pro forma and financing impact.
Key Highlights
- For‑sale Detroit lot offered as part of a bundle with 3034 14th St.
- DLBA is seeking proposals for small- to medium‑scale infill development to increase housing supply.
- DLBA goals include restoring the urban fabric, as well as increasing density and walkability.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
Explore this area
Business Placement
Demographics for 48216, MI
5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - For-sale Detroit lot offered as part of a bundle with 3034 14th St.
Where is this residential land & home lot located?
The property is located at 3028 14th Street 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: For‑sale Detroit lot offered as part of a bundle with 3034 14th St.; DLBA is seeking proposals for small- to medium‑scale infill development to increase housing supply.; DLBA goals include restoring the urban fabric, as well as increasing density and walkability.
