Residential Vacant
For Sale
Contact for pricing
2515 Meldrum Street, Detroit, MI 48207
Residential vacant land in the Islandview neighborhood offered by the Detroit Land Bank for proposed site activation.
Property SizeContact for details
Days on Market675
Property Features for 2515 Meldrum Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 210-3350
Listed By:
Erick Monzo · License #6501330189
(586) 210-3350
Source:
Compass
Added: Oct 8, 2024
Changed: Aug 8
Last Checked: Jul 20 at 7:43PM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This offering is a residential vacant lot in the Islandview neighborhood, presented by the Detroit Land Bank. The Land Bank is seeking proposals to support activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, with options for either profit-based or community activation.
The property is described as located minutes from Downtown Detroit. Prospective buyers should review the Detroit Land Bank’s proposal guidelines and related materials, including the Guide to Plot Plan, Site Design, and Maintenance, as well as relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department.
Please note the Detroit Land Bank is entitled to a tax capture for the five tax years following transfer of ownership, and that this tax capture may be incompatible with other available tax abatement for the selected purchaser. The Land Bank will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
The property is described as located minutes from Downtown Detroit. Prospective buyers should review the Detroit Land Bank’s proposal guidelines and related materials, including the Guide to Plot Plan, Site Design, and Maintenance, as well as relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department.
Please note the Detroit Land Bank is entitled to a tax capture for the five tax years following transfer of ownership, and that this tax capture may be incompatible with other available tax abatement for the selected purchaser. The Land Bank will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
Key Highlights
- Residential vacant land located in the Islandview neighborhood.
- Offered by the Detroit Land Bank as part of a vacant land activation and stewardship initiative.
- DLBA proposal focus includes urban agriculture, gardening, or beautification (for profit or community activation).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential vacant land in the Islandview neighborhood offered by the Detroit Land Bank for proposed site activation.
Where is this residential land & home lot located?
The property is located at 2515 Meldrum 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: Residential vacant land located in the Islandview neighborhood.; Offered by the Detroit Land Bank as part of a vacant land activation and stewardship initiative.; DLBA proposal focus includes urban agriculture, gardening, or beautification (for profit or community activation).
