Residential Land Lot
For Sale
Contact for pricing
2125 Putnam Street, Detroit, MI 48208
Four lots sold together as a single package, requiring an application with proposed development plans and financing documentation.
Property SizeContact for details
Days on Market457
Property Features for 2125 Putnam Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy Inc
(313) 510-7887
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Compass
Added: May 14, 2025
Changed: Aug 8
Last Checked: Jul 20 at 3:44PM
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.
Offered for sale as part of a four-lot package including 2125 Putnam Street, along with 5001 Wabash, 5069 Wabash, and 2119 Putnam. The lots are not available individually, and the offering is described as totaling 12,223 sqft across the combined parcels.
The seller notes that the buyer must submit an application to purchase, including construction plans or precedent architectural images of the proposed development, along with a financing plan supported by a POF or a pre-approval letter for a new construction loan. Prospective buyers should review the attached documents for the DLBA requirements and offer submission process.
The seller also states that DLBA is entitled to a tax capture for the five tax years after transferring ownership. The tax capture may be incompatible with other available tax abatement programs, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatement on purchase and development financing.
The seller notes that the buyer must submit an application to purchase, including construction plans or precedent architectural images of the proposed development, along with a financing plan supported by a POF or a pre-approval letter for a new construction loan. Prospective buyers should review the attached documents for the DLBA requirements and offer submission process.
The seller also states that DLBA is entitled to a tax capture for the five tax years after transferring ownership. The tax capture may be incompatible with other available tax abatement programs, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Sold as a package of four lots (not sold separately) with a total of 12,223 sqft when combined with 5001 Wabash, 5069 Wabash, and 2119 Putnam
- Bundle total price listed as 20k for all four lots sold together
- Buyer must submit an application to purchase, including proposed construction plans or precedent architectural images and a financing plan with POF or a pre‑approval letter for a new construction loan
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four lots sold together as a single package, requiring an application with proposed development plans and financing documentation.
Where is this residential land & home lot located?
The property is located at 2125 Putnam 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: Sold as a package of four lots (not sold separately) with a total of 12,223 sqft when combined with 5001 Wabash, 5069 Wabash, and 2119 Putnam; Bundle total price listed as 20k for all four lots sold together; Buyer must submit an application to purchase, including proposed construction plans or precedent architectural images and a financing plan with POF or a pre‑approval letter for a new construction loan
