Contiguous Residential Development
For Sale
$38,000
2665 W Forest Ave, Detroit, MI 48208
Seven contiguous vacant lots are offered together, zoned residential for new construction or infill development.
Property SizeContact for details
Lot Size0.44 Acres
Days on Market27
Property Features for 2665 W Forest Ave
General Information
Standard status
Active
Lot size
0.44 Acres
Property subtype
Land
Zoning
Residential
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 7:18PM
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 SCS Great Lakes INC
Investment Insights
Based on property information with market context.
This offering includes seven contiguous vacant residential lots that must be purchased together and cannot be separated. Addresses included are 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt. The package is being marketed for residential development and is contingent on execution of a DLBA Renovation/Development Agreement.
The property is located in the Core City neighborhood near Grand River Ave and Buchanan St. The lots are zoned residential, and buyers are advised to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, a scope of work with renovation cost breakdown, and proof of previous projects with addresses and photos. The Detroit Land Bank Authority is entitled to a tax recapture for five (5) tax years following transfer of ownership, and waiver requests are considered case-by-case.
The property is located in the Core City neighborhood near Grand River Ave and Buchanan St. The lots are zoned residential, and buyers are advised to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, a scope of work with renovation cost breakdown, and proof of previous projects with addresses and photos. The Detroit Land Bank Authority is entitled to a tax recapture for five (5) tax years following transfer of ownership, and waiver requests are considered case-by-case.
Key Highlights
- Seven contiguous vacant lots sold together: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt
- Combined land area of approximately 0.44 acres (all lots must be purchased together and cannot be separated)
- Zoned residential for new construction/infill development (per provided listing information)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven contiguous vacant lots are offered together, zoned residential for new construction or infill development.
Where is this residential land & home lot located?
The property is located at 2665 W Forest Ave Detroit, MI.
What is the asking price?
The asking price for this property is $38,000.
What are key features of this property?
This property features: Seven contiguous vacant lots sold together: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt; Combined land area of approximately 0.44 acres (all lots must be purchased together and cannot be separated); Zoned residential for new construction/infill development (per provided listing information)
