Four-Lot Residential Land
For Sale
Contact for pricing
3432 Beals Street, Detroit, MI 48214
Bundle of four beals street lots offered together through the Detroit Land Bank Authority.
Property SizeContact for details
Days on Market823
Property Features for 3432 Beals Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 210-3350
Listed By:
Erick Monzo · License #6501330189
(586) 210-3350
Source:
Compass
Added: May 13, 2024
Changed: Aug 8
Last Checked: Jul 20 at 6:35PM
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 includes a four-lot bundle that must be purchased together. The package consists of 3432 Beals, 3442 Beals, 3448 Beals, and 3456 Beals.
The property is described as being in the heart of the Islandview neighborhood, with proximity to Eastern Market and Downtown Detroit. The public remarks also note City investment activity in the area and reference improvements near New Butzel Playfield and Marcus Garvey Academy.
The Detroit Land Bank Authority is entitled to tax capture for the five tax years following transfer of ownership. Public remarks further state that tax capture may be incompatible with certain tax abatement options, and that DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on a development pro forma and financing impact.
The property is described as being in the heart of the Islandview neighborhood, with proximity to Eastern Market and Downtown Detroit. The public remarks also note City investment activity in the area and reference improvements near New Butzel Playfield and Marcus Garvey Academy.
The Detroit Land Bank Authority is entitled to tax capture for the five tax years following transfer of ownership. Public remarks further state that tax capture may be incompatible with certain tax abatement options, and that DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on a development pro forma and financing impact.
Key Highlights
- Four beals street lots included in one bundle: 3432, 3442, 3448, and 3456 beals.
- Must be purchased together through the Detroit Land Bank Authority (DLBA).
- Total listing price: $20,000.00.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bundle of four beals street lots offered together through the Detroit Land Bank Authority.
Where is this residential land & home lot located?
The property is located at 3432 Beals 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: Four beals street lots included in one bundle: 3432, 3442, 3448, and 3456 beals.; Must be purchased together through the Detroit Land Bank Authority (DLBA).; Total listing price: $20,000.00.
