Detroit Land Redevelopment
For Sale
$38,000
1502 Casgrain Street, Detroit, MI 48209
Vacant Land, Detroit, MI
Property SizeContact for details
Lot Size0.24 Acres
Days on Market102
Property Features for 1502 Casgrain Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Clark Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
W. of Livernois, N. of Regular
Standard status
Active
APN
W18I007919S
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
E CASGRAIN 56&57 CLARKS SUB L4 P24 PLATS, W C R 18/164 69.76 X 152
Legal Description
E CASGRAIN 56&57 CLARKS SUB L4 P24 PLATS, W C R 18/164 69.76 X 152
Utilities
Water source
Public
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: May 12
Changed: Aug 19
Last Checked: Aug 21 at 1:06PM
MLS# 20261030863
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents an infill opportunity in Detroit, suitable for residential development. The sale encompasses multiple parcels: 1502, 1514, 1520, 1526, and 1532 Casgrain, and they are not sold separately. The total lot size is 0.24 acres. The Detroit Land Bank Authority (DLBA) seeks affordable housing proposals for these lots, and interested buyers should consult the proposal guidelines for new build opportunities. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Note that the DLBA is entitled to a tax capture for the 5 tax years following the property ownership transfer. This tax capture may not be compatible with other tax abatements available to the 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 the effect of any tax abatement on the purchase and development financing. The property is zoned for residential use.
Key Highlights
- Infill opportunity in a redevelopment area.
- Multiple lots included in the sale (1502, 1514, 1520, 1526 and 1532 Casgrain).
- DLBA is looking for affordable housing proposals for these lots.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
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 - Infill opportunity in Detroit for affordable housing development.
Where is this land located?
The property is located at 1502 Casgrain Street Detroit, MI.
What is the asking price?
The asking price for this property is $38,000.
What are key features of this property?
This property features: Infill opportunity in a redevelopment area.; Multiple lots included in the sale (1502, 1514, 1520, 1526 and 1532 Casgrain).; DLBA is looking for affordable housing proposals for these lots.
