Detroit Land Bank Five-Lot
For Sale
Contact for pricing
20511 CALDWELL Street, Detroit, MI 48234
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market1055
Property Features for 20511 CALDWELL Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
KOLOWICH PARK (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
South of 8 Mile and West of Mound
Standard status
Active
APN
13014382.
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
W CALDWELL 182 KOLOWICH PK L49 P63 PLATS, W C R 13/302 35 X 108
Legal Description
W CALDWELL 182 KOLOWICH PK L49 P63 PLATS, W C R 13/302 35 X 108
Utilities
Water source
Public
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Oct 6, 2023
Changed: May 13
Last Checked: Aug 25 at 12:06AM
MLS# 20230082132
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Investment Insights
Based on property information with market context.
This offering from the Detroit Land Bank Authority consists of a five-lot bundle located at 8 Mile and Mound. The location near the Chrysler Assembly Plant and expressway facilitates commutes to work or downtown. The bundle includes 20511 Caldwell, 20505 Caldwell, 20500 Buffalo, 20512 Buffalo, and 20522 Buffalo, and must be purchased together. The total lot size is 0.09 acres. The Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the purchaser. The Detroit Land Bank Authority 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 effect of any tax abatement on the purchase and development financing. The zoning is residential.
Key Highlights
- Five‑lot bundle offered at a total listing price of $5,400.
- Conveniently located near the Chrysler Assembly Plant.
- Easy access to expressway for commuting to work or downtown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 48234, MI
31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Five residential lots near Chrysler Assembly Plant and expressway.
Where is this residential land & home lot located?
The property is located at 20511 CALDWELL Street Detroit, MI.
What are key features of this property?
This property features: Five‑lot bundle offered at a total listing price of $5,400.; Conveniently located near the Chrysler Assembly Plant.; Easy access to expressway for commuting to work or downtown.
