Land with Renovation
2540 W Forest Avenue, Detroit, MI 48208
- Added:
- Apr 14, 2026
- Days on Market:
- 33
- Last Refresh:
- May 16 at 8:06 pm
Property Features for 2540 W Forest Avenue
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W10I000485S
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Description
- N FOREST W 14 FT 764 STANTONS SUB L10 P16 PLATS, W C R 10/39 14 X 115
Utilities
- Water source
- Public
Listing agent Erick Monzo (586) 541-4000
Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI (586) 541-4000
Listing date Apr 14, 2026
MLS# 20261022744
Listing URL
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HighLights
- Opportunity to acquire a structure and adjacent vacant lot as a bundle.
- DLBA seeking proposals for renovation and redevelopment.
- Potential to contribute positively to the surrounding neighborhood.
- Water source is public.
- Property sold as a bundle package.
- DLBA entitled to a tax capture for 5 years.
Overview
The properties at 2546 W. Forest and 2540 W. Forest offer a unique opportunity to acquire a structure requiring renovation, along with an adjacent vacant lot. The Detroit Land Bank Authority (DLBA) seeks a qualified proposal for the rehabilitation of 2546 W. Forest, with 2540 W. Forest included as part of the overall site plan and redevelopment approach. Proposals should clearly outline the scope of renovation for the existing structure, the intended use of the additional lot, project costs, timeline, and proof of funds sufficient to support completion. The strongest proposals will demonstrate a feasible redevelopment plan, relevant experience, and a cohesive vision for both parcels that contributes positively to the surrounding neighborhood. These properties, with a total lot size of 0.04 acres, are part of a bundle package and must be sold together. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. 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 properties are located in Detroit, MI.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.089434
- Latitude
- 42.345599
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Land and structure for renovation in Detroit, MI.
Where is this residential land & home lot located?
The property is located at 2540 W Forest Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Opportunity to acquire a structure and adjacent vacant lot as a bundle.; DLBA seeking proposals for renovation and redevelopment.; Potential to contribute positively to the surrounding neighborhood.
