Infill Residential Development
For Sale
Contact for pricing
2138 HENDRICKS, Detroit, MI 48207
Residential development lot offered as part of a bundled sale with 2142 Hendricks.
Property Size6,138 SF
Price / SF$2.39
Days on Market62
Property Features for 2138 HENDRICKS
General Information
Standard status
Active
Size
6,138 SF
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Blueowlprop
Added: Jul 9
Changed: Sep 8
Last Checked: Aug 25 at 9:43AM
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 is a residential development lot offered for sale as part of a bundled package with 2142 Hendricks. The property is not sold separately from the bundle.
The listing notes that the buyer must submit an application to purchase that includes construction plans or precedent architectural images for the proposed development, along with a financing plan supported by proof of funds or a pre-approval letter for a new construction loan.
The public remarks also state that DLBA is entitled to a tax capture for the five tax years following transfer of ownership, which may be incompatible with other available tax abatements for the selected purchaser. 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. BATVAI, and offer submission is to be completed through the Google Doc application link referenced in the attached documents.
The listing notes that the buyer must submit an application to purchase that includes construction plans or precedent architectural images for the proposed development, along with a financing plan supported by proof of funds or a pre-approval letter for a new construction loan.
The public remarks also state that DLBA is entitled to a tax capture for the five tax years following transfer of ownership, which may be incompatible with other available tax abatements for the selected purchaser. 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. BATVAI, and offer submission is to be completed through the Google Doc application link referenced in the attached documents.
Key Highlights
- Residential development lot offered as part of a bundled sale with 2142 Hendricks
- Lot bundling totals 6,138 sqft; property is not sold separately
- Buyer must submit an application to purchase, including construction plans or precedent architectural images and a financing plan or POF/pre‑approval letter
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development lot offered as part of a bundled sale with 2142 Hendricks.
Where is this residential land & home lot located?
The property is located at 2138 HENDRICKS Detroit, MI.
What are key features of this property?
This property features: Residential development lot offered as part of a bundled sale with 2142 Hendricks; Lot bundling totals 6,138 sqft; property is not sold separately; Buyer must submit an application to purchase, including construction plans or precedent architectural images and a financing plan or POF/pre‑approval letter
