Vacant Residential Land for
For Sale
Contact for pricing
Pending
225 Harmon Street, Detroit, MI 48202
Vacant residential lots sold together and zoned R3, totaling 10,845 sqft for development under DLBA guidelines.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market97
Property Features for 225 Harmon Street
General Information
Standard status
Pending
Lot size
0.25 Acres
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
Acres
Paved
30X120
Listing Agency:
RCH Brokerage Legacy, Inc.
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jul 3
Changed: Sep 9
Last Checked: Oct 5 at 3:12PM
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.
Vacant residential land offered for sale as a combined parcel package. The offering includes three lots associated with 219 and 231 Harmon, plus 225 Harmon, sold together and not separately. The combined total is 10,845 sqft, and the property is zoned R3.
The sale is managed through the City of Detroit DLBA, with proposals considered for small- to medium-scale infill development intended to increase housing supply and restore urban fabric, density, and walkability. Interested buyers should review the DLBA proposal guidelines for new-build opportunities, including attached requirements and submission instructions.
Offers must be supported by Proof of Funds, with funds meeting or exceeding development costs. DLBA is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with other available tax abatements. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement.
The sale is managed through the City of Detroit DLBA, with proposals considered for small- to medium-scale infill development intended to increase housing supply and restore urban fabric, density, and walkability. Interested buyers should review the DLBA proposal guidelines for new-build opportunities, including attached requirements and submission instructions.
Offers must be supported by Proof of Funds, with funds meeting or exceeding development costs. DLBA is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with other available tax abatements. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement.
Key Highlights
- Vacant residential lots sold together at 219 and 231 Harmon (1 additional lot included), totaling 10,845 sqft
- R3 zoning
- Not sold separately
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential lots sold together and zoned R3, totaling 10,845 sqft for development under DLBA guidelines.
Where is this residential land & home lot located?
The property is located at 225 Harmon Street Detroit, MI.
What are key features of this property?
This property features: Vacant residential lots sold together at 219 and 231 Harmon (1 additional lot included), totaling 10,845 sqft; R3 zoning; Not sold separately
