Vacant Residential Land
For Sale
Contact for pricing
12905 BROOKS St, Detroit, MI 48215
Sold only as a bundle of five vacant lots requiring full rehab for redevelopment plans.
Property SizeContact for details
Lot Size0.46 Acres
Days on Market19
Property Features for 12905 BROOKS St
General Information
Standard status
Active
Lot size
0.46 Acres
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Clarence R Wilson · License #6501306589
(248) 440-2268
Source:
Elliman
Added: Jul 24
Changed: Aug 8
Last Checked: Jul 24 at 8:52AM
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 offering is for a bundle of five vacant residential lots, including 1528, 1514, 1522 Gray, and 1508 Gray, totaling 20,128 square feet, with sale not occurring separately. The property requires full rehab. Buyers must submit a purchase proposal that includes detailed rehab plans along with a financing plan, supported by Proof of Funds or a Pre-Approval letter, or a new construction loan. The submission should also include plans for the vacant lots with sketches and financing, following the guidelines in the attached documents.
Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years after transferring ownership. This tax capture may not align with tax abatements that could otherwise be available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
BATVAI. The provided walking, biking, and transit scores indicate the property is somewhat walkable and bikeable, with somewhat limited transit access based on the listed scores.
Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years after transferring ownership. This tax capture may not align with tax abatements that could otherwise be available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
BATVAI. The provided walking, biking, and transit scores indicate the property is somewhat walkable and bikeable, with somewhat limited transit access based on the listed scores.
Key Highlights
- Sold only as a bundle of five vacant lots requiring full rehab for redevelopment plans
- Bundle includes lots 1528, 1514, 1522 Gray, and 1508 Gray, plus the subject lot, totaling 20,128 sqft
- Not sold separately—All five lots sold together for $30,000
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
306
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 - Sold only as a bundle of five vacant lots requiring full rehab for redevelopment plans.
Where is this residential land & home lot located?
The property is located at 12905 BROOKS St 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: Sold only as a bundle of five vacant lots requiring full rehab for redevelopment plans; Bundle includes lots 1528, 1514, 1522 Gray, and 1508 Gray, plus the subject lot, totaling 20,128 sqft; Not sold separately—All five lots sold together for $30,000
