Infill Residential Development
For Sale
Contact for pricing
1925 Merrick Street, Detroit, MI 48208
Vacant residential land offered as a new-build infill opportunity in the Woodbridge community near downtown.
Property SizeContact for details
Days on Market497
Property Features for 1925 Merrick Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri Counties
(313) 204-0310
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Source:
Compass
Added: Apr 4, 2025
Changed: Aug 8
Last Checked: Jul 20 at 10:04PM
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 Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This listing offers vacant residential land positioned for new-build infill development. Public remarks indicate the intended project should define space in a meaningful way and be designed to complement the surrounding community, supporting a mix of housing types and a range of price points and ownership scenarios.
The property is located in the Woodbridge community near downtown, with the stated goal of fostering neighborhood commercial investment and job creation to stimulate local economic growth.
The remarks also reference a DLBA tax capture entitlement for the five tax years following transfer of ownership, and note that the tax capture may be incompatible with other available tax abatements. 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 impact of any tax abatement on purchase and development financing.
The property is located in the Woodbridge community near downtown, with the stated goal of fostering neighborhood commercial investment and job creation to stimulate local economic growth.
The remarks also reference a DLBA tax capture entitlement for the five tax years following transfer of ownership, and note that the tax capture may be incompatible with other available tax abatements. 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 impact of any tax abatement on purchase and development financing.
Key Highlights
- Vacant residential land offered as a new‑build infill opportunity in the Woodbridge community near downtown
- DLBA is entitled to a tax capture for the 5 tax years following transfer of ownership
- Tax capture may be incompatible with tax abatements otherwise available to the purchaser
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
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 - Vacant residential land offered as a new-build infill opportunity in the Woodbridge community near downtown.
Where is this residential land & home lot located?
The property is located at 1925 Merrick Street 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 residential land offered as a new‑build infill opportunity in the Woodbridge community near downtown; DLBA is entitled to a tax capture for the 5 tax years following transfer of ownership; Tax capture may be incompatible with tax abatements otherwise available to the purchaser
