R5 Zoned Infill Development
For Sale
Contact for pricing
1809 W GRAND Boulevard, Detroit, MI 48208
Land available for small- to medium-scale infill development with DLBA submission requirements and proof-of-funds needed.
Property SizeContact for details
Days on Market44
Property Features for 1809 W GRAND Boulevard
General Information
Standard status
Active
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
0.46
Acres
20
Paved
100.00 x 200.00
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jun 30
Changed: Aug 8
Last Checked: Jul 1 at 12:53AM
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 offering consists of land zoned R5, presented by the Detroit Land Bank Authority (DLBA) for small- to medium-scale infill development. The DLBA’s stated objective is to increase housing supply and support restoration of the urban fabric, including density and walkability. Interested buyers are directed to consult the DLBA proposal guidelines for new build opportunities and to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
The property is located at 1809 W Grand Boulevard, Detroit, MI 48208. The DLBA notes that all offers must be supported by proof of funds, with funds meeting or exceeding development costs. Buyers should also review the attached DLBA documents for complete requirements and offer submission instructions.
In evaluating fit, prospective developers should plan for the DLBA’s participation in the financing and tax structure. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with any tax abatement that might otherwise be available, and the DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes. The determination of any payment would be based on the development pro forma and the effect of any tax abatement on purchase and development financing.
The property is located at 1809 W Grand Boulevard, Detroit, MI 48208. The DLBA notes that all offers must be supported by proof of funds, with funds meeting or exceeding development costs. Buyers should also review the attached DLBA documents for complete requirements and offer submission instructions.
In evaluating fit, prospective developers should plan for the DLBA’s participation in the financing and tax structure. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with any tax abatement that might otherwise be available, and the DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes. The determination of any payment would be based on the development pro forma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- 0.46‑acre lot (100.00 x 200.00) with 20 ft of paved road frontage
- Public water and public sewer available
- Zoned R5 for infill development (per DLBA proposal requirements)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land available for small- to medium-scale infill development with DLBA submission requirements and proof-of-funds needed.
Where is this residential land & home lot located?
The property is located at 1809 W GRAND Boulevard 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: 0.46‑acre lot (100.00 x 200.00) with 20 ft of paved road frontage; Public water and public sewer available; Zoned R5 for infill development (per DLBA proposal requirements)
