Vacant Infill Development
For Sale
Contact for pricing
231 Harmon St, Detroit, MI 48202
Vacant residential lot available only as part of a three-lot purchase totaling 10,845 sq. ft. and zoned R3.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market47
Property Features for 231 Harmon St
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Land
Zoning
R3
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Source:
Exprealty
Added: Jun 26
Changed: Aug 8
Last Checked: Jul 7 at 10:42PM
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 offering consists of a vacant lot sold together with 219 Harmon and 225 Harmon; the three lots are sold as a single package and are not available separately. The combined total is 10,845 sq. ft., and the property is zoned R3.
The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development aimed at increasing housing supply and restoring urban fabric, including density and walkability. Interested buyers should review the DLBA proposal guidelines for new build opportunities and consult the City of Detroit’s Neighborhood Framework Plans for additional neighborhood context.
Offers must be supported by Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership, which may be incompatible with tax abatement otherwise available to a selected purchaser. Requests to waive tax capture rights will be reviewed by DLBA and may require a payment in lieu of taxes, determined based on the development pro forma and the effect of any tax abatement. For submission requirements, see the attached DLBA documents.
The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development aimed at increasing housing supply and restoring urban fabric, including density and walkability. Interested buyers should review the DLBA proposal guidelines for new build opportunities and consult the City of Detroit’s Neighborhood Framework Plans for additional neighborhood context.
Offers must be supported by Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership, which may be incompatible with tax abatement otherwise available to a selected purchaser. Requests to waive tax capture rights will be reviewed by DLBA and may require a payment in lieu of taxes, determined based on the development pro forma and the effect of any tax abatement. For submission requirements, see the attached DLBA documents.
Key Highlights
- Vacant residential lot sold only as part of a 3‑lot purchase including 219 and 225 Harmon
- All 3 lots total 10,845 sq. ft.; not sold separately
- Zoned R3
Property Analytics
Property Profile
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 lot available only as part of a three-lot purchase totaling 10,845 sq. ft. and zoned R3.
Where is this residential land & home lot located?
The property is located at 231 Harmon St 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: Vacant residential lot sold only as part of a 3‑lot purchase including 219 and 225 Harmon; All 3 lots total 10,845 sq. ft.; not sold separately; Zoned R3
