Vacant Urban Agriculture
For Sale
Contact for pricing
Pending
3615 Barham St, Detroit, MI 48224
Multiple vacant lots are available for land-based uses through the Detroit Land Bank Authority.
Property SizeContact for details
Days on Market1793
Property Features for 3615 Barham St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Real Estate One-Southfield
(248) 723-0055
Listed By:
Trina Ellis · License #6501397772
(248) 234-9416
Source:
Exprealty
Added: Oct 11, 2021
Changed: Sep 2
Last Checked: Sep 6 at 12:05PM
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 Real Estate One-Southfield
Investment Insights
Based on property information with market context.
This is a land-based project site featuring eight vacant lots offered by the Detroit Land Bank Authority. The parcels are intended for land-based uses such as urban agriculture and community garden concepts.
The listed address is 3615 Barham St, with additional parcels identified as 3607, 3599, 3591, 3585, 3581, 3573, and 3569 Barham St. Please note the Detroit Land Bank Authority is entitled to a tax capture for the five tax years after transferring ownership.
The tax capture may be incompatible with tax abatements and lot combinations that could otherwise be available to a selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests, with the amount determined after review of the development pro forma and the effect of any tax abatements on purchase and development financing.
The listed address is 3615 Barham St, with additional parcels identified as 3607, 3599, 3591, 3585, 3581, 3573, and 3569 Barham St. Please note the Detroit Land Bank Authority is entitled to a tax capture for the five tax years after transferring ownership.
The tax capture may be incompatible with tax abatements and lot combinations that could otherwise be available to a selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests, with the amount determined after review of the development pro forma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Barham South Parcels include 8 vacant lots available through the Detroit Land Bank Authority.
- Lot addresses include 3615, 3607, 3599, 3591, 3585, 3581, 3573, and 3569.
- DLBA is entitled to tax capture for the 5 tax years after transferring ownership.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Multiple vacant lots are available for land-based uses through the Detroit Land Bank Authority.
Where is this agricultural land / farmland located?
The property is located at 3615 Barham St Detroit, MI.
What are key features of this property?
This property features: Barham South Parcels include 8 vacant lots available through the Detroit Land Bank Authority.; Lot addresses include 3615, 3607, 3599, 3591, 3585, 3581, 3573, and 3569.; DLBA is entitled to tax capture for the 5 tax years after transferring ownership.
