2515 MELDRUM Street, Detroit, MI 48207
LAND - Detroit, MI
Property Features for 2515 MELDRUM Street
General Information
Taxes and HOA fees
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Investment Insights
Based on property information with market context.
The Land Bank specifically references land-based activation uses that may include urban agriculture, gardening, or beautification, either for profit or community activation. Interested purchasers are directed to consult the proposal guidelines for land-based sites and the Land Bank’s Guide to Plot Plan, Site Design, and Maintenance, and to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
The Land Bank also notes that it is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. Requests to waive the tax capture will be reviewed and may require a payment in lieu of taxes, determined based on the development proforma and the impact of any tax abatement on purchase and development financing.
Key Highlights
- Vacant residential lot - great for urban agriculture, gardening, or beautification projects.
- Located in the Islandview neighborhood.
- Minutes from Downtown Detroit.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48207, MI