B2 Zoned Infill Development
For Sale
Contact for pricing
13430 Fenkell Avenue, Detroit, MI 48227
Vacant land zoned B2, offered for small- to medium-scale infill development with required proof of funds.
Property SizeContact for details
Days on Market660
Property Features for 13430 Fenkell Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
B2
Listing Agency:
RCH Brokerage Legacy Inc
(313) 510-7887
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Compass
Added: Oct 23, 2024
Changed: Aug 8
Last Checked: Jul 20 at 7:58PM
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 vacant land parcel is zoned B2 and is being offered for small- to medium-scale infill development. The owner’s request for proposals is focused on increasing housing supply and supporting restoration of the urban fabric, including density and walkability. Interested buyers should review the DLBA proposal guidelines for new build opportunities and consult the City of Detroit’s Neighborhood Framework Plans for additional neighborhood context.
The submission process requires offers to be supported by Proof of Funds, with funds meeting or exceeding development costs. The DLBA is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with any tax abatement otherwise available to a selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
All details and requirements are included in the attached DLBA documents and offer submission materials. BATVAI.
The submission process requires offers to be supported by Proof of Funds, with funds meeting or exceeding development costs. The DLBA is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with any tax abatement otherwise available to a selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
All details and requirements are included in the attached DLBA documents and offer submission materials. BATVAI.
Key Highlights
- Vacant land zoned B2
- Offered for small- to medium‑scale infill development to increase housing supply and restore the urban fabric
- Buyer must consult DLBA proposal guidelines for new build opportunities
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land zoned B2, offered for small- to medium-scale infill development with required proof of funds.
Where is this residential land & home lot located?
The property is located at 13430 Fenkell Avenue 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: Vacant land zoned B2; Offered for small- to medium‑scale infill development to increase housing supply and restore the urban fabric; Buyer must consult DLBA proposal guidelines for new build opportunities
