Detroit Land Bank Vacant
For Sale
Contact for pricing
13281 GABLE Street, Hamtramck, MI 48212
Vacant lot in up-and-coming community near Hamtramck.
Property SizeContact for details
Lot Size0.19 Acres
Days on Market726
Property Features for 13281 GABLE Street
General Information
Standard status
Active
Lot size
0.19 Acres
Property subtype
Lots/Land
Listing Agency:
Real Estate One-Southfield
(248) 723-0055
Listed By:
Gene Kelley II · License #6501293908
(248) 723-0055
Source:
Exitrealty
Added: Aug 27, 2024
Changed: Aug 8
Last Checked: Jul 16 at 3:22AM
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 vacant lot, offered by the Detroit Land Bank Authority, is located in the Buffalo/Charles area, bordering Hamtramck. The property presents an excellent opportunity for building in an up-and-coming community, with over 8300 sqft available. The Detroit Land Bank Authority is seeking proposals for small- to medium-scale infill development, with the goal of increasing housing supply and restoring the urban fabric, density, and walkability. Interested buyers should consult the proposal guidelines for new build opportunities. Reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department is also recommended for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Key Highlights
- Large 8300 sqft vacant lot suitable for development.
- Located in the Buffalo/Charles area, bordering Hamtramck.
- Opportunity to build in an up‑and‑coming community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 48212, MI
43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot in up-and-coming community near Hamtramck.
Where is this residential land & home lot located?
The property is located at 13281 GABLE Street Hamtramck, MI.
What are key features of this property?
This property features: Large 8300 sqft vacant lot suitable for development.; Located in the Buffalo/Charles area, bordering Hamtramck.; Opportunity to build in an up‑and‑coming community.
