2651 West Forest Avenue, Detroit, MI 48208
Seven contiguous vacant lots are offered together for residential infill development near Grand River Ave and Buchanan St.
Property Features for 2651 West Forest Avenue
General Information
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Investment Insights
Based on property information with market context.
The lots are located in the Core City neighborhood near Grand River Ave and Buchanan St. Buyers are advised to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests are considered case by case and may require a payment in lieu of taxes after review of the development pro forma and financing.
Key Highlights
- Seven contiguous vacant lots for sale together: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt
- Total land area is approximately 0.44 acres (all lots must be purchased together and cannot be separated)
- Zoned residential and positioned near Grand River Ave and Buchanan St for residential infill/new construction
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48208, MI