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Detroit Land Bundle Opportunity
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2489 VAN DYKE Street, Detroit, MI 48214

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market842

Property Features for 2489 VAN DYKE Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision VAN DYKE FARM SUB OF LOTS 55 56 57 (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Head east on Vernor pass E Grand Blvd. Make left onto Van Dyke
Standard status Active
APN 17010256.
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description W VAN DYKE 44 SUB OF PT VAN DYKE FARM L25 P86 PLATS, W C R 17/215 32.05 X 102
Legal Description W VAN DYKE 44 SUB OF PT VAN DYKE FARM L25 P86 PLATS, W C R 17/215 32.05 X 102

Utilities

Water source Public
Listing Agency: RCH Brokerage Legacy Inc
Listed By: Leonard A Pickett III · License #6501306589
Added: May 5, 2024 Changed: May 13 Last Checked: Aug 24 at 9:06PM
MLS# 20240028568

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 is an opportunity to develop land in the Historic Island View/Greater Villages neighborhoods. The property consists of a bundle of three vacant lots, including 2483 and 2495 Van Dyke, along with the subject property. The combined area of the lots is 9,817 square feet. The lots are not sold separately and are zoned R2. The location is within walking distance of West Village shops, restaurants, a Biergarten, and Belle Isle. The lot size is 0.08 acres. Please 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 tax abatements otherwise 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 will be determined upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission information.

Key Highlights

  • Development opportunity: Bundle of 3 vacant lots totaling 9,817 sqft.
  • Prime location in Historic Island View/Greater Villages neighborhoods.
  • Zoned R2 suitable for residential development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon HVAC Service

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

426
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 - Land bundle in Historic Island View/Greater Villages neighborhoods.
Where is this residential land & home lot located?
The property is located at 2489 VAN DYKE Street Detroit, MI.
What are key features of this property?
This property features: Development opportunity: Bundle of 3 vacant lots totaling 9,817 sqft.; Prime location in Historic Island View/Greater Villages neighborhoods.; Zoned R2 suitable for residential development.
More about this property
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