Bundled Residential Development
For Sale
Contact for pricing
4261 Rosa Parks Boulevard, Detroit, MI 48208
Three bundled lots total 6,004 sqft and are not sold separately for infill housing proposals.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market1254
Property Features for 4261 Rosa Parks Boulevard
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy Inc
(313) 510-7887
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Compass
Added: Mar 8, 2023
Changed: Aug 8
Last Checked: Jul 21 at 4:03AM
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 RCH Brokerage Legacy Inc
Investment Insights
Based on property information with market context.
This listing is for a bundle of three residential lots, including 4261 Rosa Parks Boulevard, offered only as a package with 4249 and 4255 Rosa Parks Boulevard. The combined lot area totals 6,004 square feet, and the lots are not sold separately.
The DLBA is seeking proposals for small- to medium-scale infill development intended to increase housing supply and help restore the urban fabric, including goals related to density and walkability. Interested buyers should review the DLBA proposal guidelines for new build opportunities, along with relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
All offers must be supported by Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements available to the selected purchaser; DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement.
The DLBA is seeking proposals for small- to medium-scale infill development intended to increase housing supply and help restore the urban fabric, including goals related to density and walkability. Interested buyers should review the DLBA proposal guidelines for new build opportunities, along with relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
All offers must be supported by Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements available to the selected purchaser; DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement.
Key Highlights
- Three bundled lots total 6,004 sqft at 4249, 4255, and 4260 Rosa Parks Blvd—sold as a package only (not separately).
- Offered for DLBA infill development proposals focused on increasing housing supply and restoring the urban fabric.
- DLBA requires offers be supported by Proof of Funds with funds meeting or exceeding development costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three bundled lots total 6,004 sqft and are not sold separately for infill housing proposals.
Where is this residential land & home lot located?
The property is located at 4261 Rosa Parks Boulevard 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 bundled lots total 6,004 sqft at 4249, 4255, and 4260 Rosa Parks Blvd—sold as a package only (not separately).; Offered for DLBA infill development proposals focused on increasing housing supply and restoring the urban fabric.; DLBA requires offers be supported by Proof of Funds with funds meeting or exceeding development costs.
