Residential Land Investment
2427 ASH Street Detroit, MI 48208
For Sale
Contact for pricing
Pending
LAND - Detroit, MI
Lot Size0.05 Acres
Days on Market1177
Property Features for 2427 ASH Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Pending
- APN
- 10000323.001
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- S ASH E 22.50 FT 456 E 22.50 FT 455 SUB OF PT OF STANTON FARM L1 P157 PLATS, W C R 10/30 22.50 X 96
Utilities
- Water source
- Public
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: May 4, 2023
Changed: May 14
Last Checked: Jul 23 at 3:06PM
MLS# 20230031137
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Investment Insights
Based on property information with market context.
This land lot in Detroit, MI, presents a great investment opportunity. It is being sold as a bundle with other properties. The location provides a short commute to several local freeways and is minutes from Corktown. This is a land-based site. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.05 acres.
Key Highlights
- Bundle of 5 properties (lots) for a single price, representing a bulk investment opportunity.
- Located in Detroit, offering potential for redevelopment or land activation.
- Proximity to local freeways allows for convenient commuting.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Land in Detroit, MI, ideal for urban agriculture.
Where is this residential land & home lot located?
The property is located at 2427 ASH Street 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: Bundle of 5 properties (lots) for a single price, representing a bulk investment opportunity.; Located in Detroit, offering potential for redevelopment or land activation.; Proximity to local freeways allows for convenient commuting.