Infill Development Land
For Sale
$30,000
2133 East Vernor Highway, Detroit, MI 48207
Residential lot sold only as part of a three-lot bundle for infill housing development.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market1596
Property Features for 2133 East Vernor Highway
General Information
Standard status
Active
Lot size
0.21 Acres
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: Apr 1, 2022
Changed: Aug 8
Last Checked: Jul 20 at 1:34PM
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 parcel is residential land intended for infill housing development. The property is bundled and is not offered for sale separately from 2139 East Vernor Highway and 2147 East Vernor Highway. The sale involves three lots total.
Buyer requirements include submitting an application to purchase along with construction plans or precedent architectural images of the proposed development, plus a financing plan with proof of funds or a pre-approval letter for a new construction loan.
The DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with other tax abatements available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes. See attached documents for DLBA requirements and offer submission.
Buyer requirements include submitting an application to purchase along with construction plans or precedent architectural images of the proposed development, plus a financing plan with proof of funds or a pre-approval letter for a new construction loan.
The DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with other tax abatements available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes. See attached documents for DLBA requirements and offer submission.
Key Highlights
- Residential lot sold only as part of a three‑lot bundle for infill housing development.
- Bundle includes 2139 Vernor and 2147 Vernor (not sold separately) and this lot.
- Total land area for 3 lots is 9,306 sqft.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential lot sold only as part of a three-lot bundle for infill housing development.
Where is this residential land & home lot located?
The property is located at 2133 East Vernor Highway Detroit, MI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Residential lot sold only as part of a three‑lot bundle for infill housing development.; Bundle includes 2139 Vernor and 2147 Vernor (not sold separately) and this lot.; Total land area for 3 lots is 9,306 sqft.
