Detroit Land Infill Building
For Sale
Contact for pricing
1408 LANSING, Detroit, MI 48209
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.13 Acres
Days on Market2012
Property Features for 1408 LANSING
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
WAGNER BROS SUB (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE VERNON HEADED EAST PASS JUNCTION MKE RIGHT ONTO LANSING
Standard status
Active
APN
W16I009705S
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
E LANSING 25 WAGNER BROS SUB L8 P67 PLATS, W C R 16/112 43.73 X 139.96
Legal Description
E LANSING 25 WAGNER BROS SUB L8 P67 PLATS, W C R 16/112 43.73 X 139.96
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #350554
(248) 440-2268
Added: Feb 17, 2021
Changed: Jul 21
Last Checked: Aug 22 at 8:06PM
MLS# 2210010609
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Investment Insights
Based on property information with market context.
This property presents a great opportunity for infill building and is being sold with two vacant lots located at 1414 Lansing and 4612 Porter in Detroit, MI. The buyer is required to submit an application to purchase, which must include construction plans or precedent architectural images of the proposed development, along with a financing plan that provides proof of funds or a pre-approval letter for a new-construction loan. It is important to note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years following the transfer of ownership of the property. This tax capture may not be compatible with tax abatements that might otherwise be 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The lot size is approximately 0.13 acres. Additional documents are available with DLBA requirements and offer submission information.
Key Highlights
- Includes two vacant lots (1414 Lansing and 4612 Porter) for infill building.
- Great property for new construction development.
- Water source is public.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 48209, MI
27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Land for infill building with two vacant lots.
Where is this land located?
The property is located at 1408 LANSING Detroit, MI.
What are key features of this property?
This property features: Includes two vacant lots (1414 Lansing and 4612 Porter) for infill building.; Great property for new construction development.; Water source is public.
