Vacant Residential Development
For Sale
$157,000
Pending
21652 ORCHARD, Detroit, MI 48219
1.4-acre assemblage of vacant parcels in Old Redford with existing R1 zoning for a B4-limited multifamily plan.
Property SizeContact for details
Lot Size1.40 Acres
Days on Market2096
Property Features for 21652 ORCHARD
General Information
Standard status
Pending
Lot size
1.40 Acres
Property subtype
Lots/Land
Zoning
R1
Listing Agency:
Premier Property Services LLC
(313) 806-1303
Listed By:
James Bufalino · License #6501313711
(313) 806-1303
Source:
Exitrealty
Added: Nov 16, 2020
Changed: Aug 8
Last Checked: Jul 16 at 3:18PM
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 Premier Property Services LLC
Investment Insights
Based on property information with market context.
The offering consists of a 1.4-acre assemblage of nine vacant parcels in the Old Redford community. The sale includes parcels identified as 21652, 21636, 21624, 21610, 21604, 21566, 21556 Orchard, and 21535 & 21525 Santa Clara. Current zoning is R1, and the seller is seeking a qualified development team to design and construct a new 25–50-unit medium-density residential development.
The City will support the selected developer through rezoning and entitlement processes. The property is located east of Lasher and just north of Grand River Avenue, and the area includes adjacent B4 and single-family uses. Proposed projects should not require a higher zoning than B4.
A Purchase and Development Agreement will be provided upon acceptance of a qualifying offer, and development proposal guidelines and offer instructions are attached to the listing. All proposals are due January 31, 2021.
The City will support the selected developer through rezoning and entitlement processes. The property is located east of Lasher and just north of Grand River Avenue, and the area includes adjacent B4 and single-family uses. Proposed projects should not require a higher zoning than B4.
A Purchase and Development Agreement will be provided upon acceptance of a qualifying offer, and development proposal guidelines and offer instructions are attached to the listing. All proposals are due January 31, 2021.
Key Highlights
- 1.4‑acre assemblage of vacant parcels in Old Redford near downtown Old Redford
- Nine parcels included: 21652, 21636, 21624, 21610, 21604, 21566, 21556 Orchard; 21535 and 21525 Santa Clara
- Current zoning is R1; City supports rezoning and entitlement processes for the selected developer
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.4-acre assemblage of vacant parcels in Old Redford with existing R1 zoning for a B4-limited multifamily plan.
Where is this residential land & home lot located?
The property is located at 21652 ORCHARD Detroit, MI.
What is the asking price?
The asking price for this property is $157,000.
What are key features of this property?
This property features: 1.4‑acre assemblage of vacant parcels in Old Redford near downtown Old Redford; Nine parcels included: 21652, 21636, 21624, 21610, 21604, 21566, 21556 Orchard; 21535 and 21525 Santa Clara; Current zoning is R1; City supports rezoning and entitlement processes for the selected developer
