Residential Infill Development
For Sale
$30,000
2134 CADILLAC Blvd, Detroit, MI 48214
Vacant land offered by the Detroit Land Bank Authority for small- to medium-scale infill development.
Property SizeContact for details
Days on Market28
Property Features for 2134 CADILLAC Blvd
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$100
Listing Agency:
Bellabay Realty Tri-Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 5:49PM
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 vacant land parcel is being marketed as an infill development opportunity under the Detroit Land Bank Authority’s proposal process. The DLBA is seeking proposals for small- to medium-scale infill development focused on increasing housing supply and restoring the urban fabric, including density and walkability. Sale is contingent on a buyer/seller executed development agreement, and interested buyers are directed to consult the DLBA’s proposal guidelines for new build opportunities.
The property is described as being minutes from Eastern Market, Indian Village, and Downtown Detroit. Mobility scores listed with the offering include a BikeScore of 66 (Bikeable), a WalkScore of 55 (Somewhat Walkable), and a transitScore of 45 (Some Transit).
The DLBA also notes that it is entitled to a tax capture for five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and lot combinations otherwise available to a selected purchaser. The DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes based on development performance and the effect of any tax abatements on purchase and development financing.
The property is described as being minutes from Eastern Market, Indian Village, and Downtown Detroit. Mobility scores listed with the offering include a BikeScore of 66 (Bikeable), a WalkScore of 55 (Somewhat Walkable), and a transitScore of 45 (Some Transit).
The DLBA also notes that it is entitled to a tax capture for five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and lot combinations otherwise available to a selected purchaser. The DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes based on development performance and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Vacant land offered by the Detroit Land Bank Authority (DLBA) for small- to medium‑scale infill development.
- DLBA is seeking proposals to increase housing supply and restore the urban fabric through infill development, including density and walkability.
- Sale is contingent on a buyer/seller executed development agreement.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land offered by the Detroit Land Bank Authority for small- to medium-scale infill development.
Where is this residential land & home lot located?
The property is located at 2134 CADILLAC Blvd 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: Vacant land offered by the Detroit Land Bank Authority (DLBA) for small- to medium‑scale infill development.; DLBA is seeking proposals to increase housing supply and restore the urban fabric through infill development, including density and walkability.; Sale is contingent on a buyer/seller executed development agreement.
