Multi-Lot Residential Development
For Sale
$52,000
967 Conner Street, Detroit, MI 48215
Seven lots totaling 20,602 square feet are offered as a single package for residential infill development.
Property SizeContact for details
Lot Size0.47 Acres
Days on Market676
Property Features for 967 Conner Street
General Information
Standard status
Active
Lot size
0.47 Acres
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: Oct 7, 2024
Changed: Aug 8
Last Checked: Jul 20 at 6:02PM
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.
Offered for sale as one assemblage, this residential development land package includes seven lots: 967, 973, 979, 987, 991, 997, and 1003 Conner. The lots are included together and cannot be sold separately, for a combined total of 20,602 square feet.
The property is described as residential infill in the Jefferson Chalmers neighborhood, with proximity noted to the Detroit River, Stellantis, and Coriander.
The sale is contingent on a buyer/seller executed development agreement. The Detroit Land Bank Authority is entitled to a tax capture for five tax years following transfer of ownership, and that tax capture may be incompatible with available tax abatements and lot combinations. DLBA will review requests to waive tax capture and may require a payment in lieu of taxes depending on the development proforma and financing impact.
The property is described as residential infill in the Jefferson Chalmers neighborhood, with proximity noted to the Detroit River, Stellantis, and Coriander.
The sale is contingent on a buyer/seller executed development agreement. The Detroit Land Bank Authority is entitled to a tax capture for five tax years following transfer of ownership, and that tax capture may be incompatible with available tax abatements and lot combinations. DLBA will review requests to waive tax capture and may require a payment in lieu of taxes depending on the development proforma and financing impact.
Key Highlights
- Seven lots included as a single package for residential infill development (cannot be sold separately).
- Total lot size of 20,602 square feet.
- Lot addresses included: 967, 1003, 997, 991, 987, 979, and 973 Conner.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 48215, MI
10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven lots totaling 20,602 square feet are offered as a single package for residential infill development.
Where is this residential land & home lot located?
The property is located at 967 Conner Street Detroit, MI.
What is the asking price?
The asking price for this property is $52,000.
What are key features of this property?
This property features: Seven lots included as a single package for residential infill development (cannot be sold separately).; Total lot size of 20,602 square feet.; Lot addresses included: 967, 1003, 997, 991, 987, 979, and 973 Conner.
