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Residential Land in West Village
For Sale
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2480 SHERIDAN Street, Detroit, MI 48214

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market860

Property Features for 2480 SHERIDAN Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision BOULEVARD PARK SUB (PLATS )
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions S. Charlevoix & E. E. Grand Blvd.
Standard status Active
APN 17012701.
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description E SHERIDAN 283 BOULEVARD PARK SUB (PLATS) L23 P21 PLATS, W C R 17/65 30X100
Legal Description E SHERIDAN 283 BOULEVARD PARK SUB (PLATS) L23 P21 PLATS, W C R 17/65 30X100

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 17, 2024 Changed: Aug 19 Last Checked: Aug 24 at 9:06PM
MLS# 20240024972

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents a great infill opportunity within the West Village Neighborhood Enterprise Zone. The sale encompasses two parcels, specifically 2480 and 2486 Sheridan. Development on this land should define space in a meaningful way and complement the surrounding community. The building design should contribute to a diverse residential stock and density, offering a variety of prices, ownership types such as rental and ownership, and housing types. The intended densities should support opportunities for neighborhood commercial investments and job creation, stimulating growth in the local economy. It is important to note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the purchaser. The 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 amount will be determined upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The lot size is approximately 0.07 acres.

Key Highlights

  • Infill opportunity in West Village Neighborhood Enterprise Zone (NEZ).
  • Sale includes two parcels: 2480 & 2486 Sheridan.
  • Opportunity to contribute to diverse residential stock and density.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Infill opportunity in West Village Neighborhood Enterprise Zone.
Where is this residential land & home lot located?
The property is located at 2480 SHERIDAN Street Detroit, MI.
What are key features of this property?
This property features: Infill opportunity in West Village Neighborhood Enterprise Zone (NEZ).; Sale includes two parcels: 2480 & 2486 Sheridan.; Opportunity to contribute to diverse residential stock and density.
More about this property
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