Vacant Residential Development
For Sale
Contact for pricing
3332 Rochester Street, Detroit, MI 48206
Bundle includes multiple vacant lots at 3332 Rochester Street and adjacent addresses, offered for small- to medium-scale infill development.
Property SizeContact for details
Days on Market1212
Property Features for 3332 Rochester Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Apr 20, 2023
Changed: Aug 8
Last Checked: Jul 21 at 1:28AM
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 presents a vacant residential land bundle for infill development, with multiple included addresses listed in the property remarks. The proposal is intended to support adding housing supply and restoring urban fabric through increased density and walkability, with interested buyers directed to the DLBA proposal guidelines for new build opportunities.
The bundle includes 3310, 3332, 3352, 3358, 3346, 3340, and 3324 Rochester Street. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Following transfer of ownership, the DLBA is entitled to tax capture for the five tax years subsequent to the transfer. The tax capture may be incompatible with tax abatement that may otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on the development pro forma and the effect of any tax abatement on purchase and financing.
The bundle includes 3310, 3332, 3352, 3358, 3346, 3340, and 3324 Rochester Street. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Following transfer of ownership, the DLBA is entitled to tax capture for the five tax years subsequent to the transfer. The tax capture may be incompatible with tax abatement that may otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on the development pro forma and the effect of any tax abatement on purchase and financing.
Key Highlights
- Vacant land bundle in the Dexter Linwood Neighborhood includes parcels at 3310, 3332, 3352, 3358, 3346, 3340, and 3324 Rochester Street.
- Bundle is offered for small- to medium‑scale infill development to increase housing supply and restore the urban fabric, density, and walkability.
- Total listed price for the bundle is $19,800.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bundle includes multiple vacant lots at 3332 Rochester Street and adjacent addresses, offered for small- to medium-scale infill development.
Where is this residential land & home lot located?
The property is located at 3332 Rochester 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: Vacant land bundle in the Dexter Linwood Neighborhood includes parcels at 3310, 3332, 3352, 3358, 3346, 3340, and 3324 Rochester Street.; Bundle is offered for small- to medium‑scale infill development to increase housing supply and restore the urban fabric, density, and walkability.; Total listed price for the bundle is $19,800.
