Adjacent Multi-Unit Development
For Sale
Contact for pricing
14267 Fordham Street, Detroit, MI 48205
Three adjacent lots are offered as a bundled purchase for multi-unit development opportunities presented by DLBA.
Property SizeContact for details
Days on Market795
Property Features for 14267 Fordham Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri Counties
(313) 204-0310
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Source:
Compass
Added: Jun 10, 2024
Changed: Aug 8
Last Checked: Jul 20 at 9:55PM
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 offering includes three adjacent lots listed as a bundle: 14267, 14275, and 14283 Fordham. The lots are presented by The DLBA for multi-unit build opportunities and must be purchased together. Each lot is described as 36x103.
The properties are located right off Gratiot, and the DLBA notes an entitlement to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to a 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 amount would be determined based on the development proforma and the effect of any tax abatements on purchase and development financing.
The purchase is structured as a single bundle covering all three lots, with DLBA’s tax capture terms applying after ownership is transferred.
The properties are located right off Gratiot, and the DLBA notes an entitlement to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to a 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 amount would be determined based on the development proforma and the effect of any tax abatements on purchase and development financing.
The purchase is structured as a single bundle covering all three lots, with DLBA’s tax capture terms applying after ownership is transferred.
Key Highlights
- Three adjacent lots offered as a bundled purchase: 14267, 14275, 14283 Fordham
- Each lot measures 36 ft x 103 ft, for the bundled multi‑unit development opportunity
- Must be purchased together as a bundle 14267, 14275, 14283 Fordham
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three adjacent lots are offered as a bundled purchase for multi-unit development opportunities presented by DLBA.
Where is this residential land & home lot located?
The property is located at 14267 Fordham 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: Three adjacent lots offered as a bundled purchase: 14267, 14275, 14283 Fordham; Each lot measures 36 ft x 103 ft, for the bundled multi‑unit development opportunity; Must be purchased together as a bundle 14267, 14275, 14283 Fordham
