Residential Development Land
For Sale
Contact for pricing
268 E Grand Blvd, Detroit, MI 48207
Two DLBA-owned residential parcels must be sold together for new construction infill development.
Property SizeContact for details
Lot Size0.36 Acres
Days on Market100
Property Features for 268 E Grand Blvd
General Information
Standard status
Active
Lot size
0.36 Acres
Property subtype
Land
Additional Details
Road Access
Yes
Listing Agency:
Atlas Properties Inc
(313) 598-2566
Listed By:
Adam Hage · License #6506046052
(313) 598-2566
Source:
Exprealty
Added: May 4
Changed: Aug 8
Last Checked: Jul 26 at 7:03AM
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 Atlas Properties Inc
Investment Insights
Based on property information with market context.
DLBA-owned vacant land is being offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program and includes two residential parcels at 268 and 272 E Grand Blvd, which must be sold together. The parcels are each approximately 50 feet by 155 feet, combining for approximately 100 feet of frontage and 155 feet of depth. The property is being sold as-is. Prospective buyers should review intended use with respect to applicable zoning and City of Detroit approvals, as the offering notes flexibility for single-family and potential multi-unit development subject to City and zoning requirements.
The site is located in Detroit’s Islandview neighborhood and is described as being near the Detroit River and Belle Isle, with proximity to West Village and Downtown Detroit, along with nearby parks, schools, restaurants, and neighborhood amenities.
Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City permitting and approval requirements. Buyers must submit a complete DLBA proposal package, including a project description with intended use and timeline, proof of funds, site plan or concept drawings, and documentation of prior similar projects. DLBA also retains the right to tax recapture for five tax years following transfer of ownership.
The site is located in Detroit’s Islandview neighborhood and is described as being near the Detroit River and Belle Isle, with proximity to West Village and Downtown Detroit, along with nearby parks, schools, restaurants, and neighborhood amenities.
Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City permitting and approval requirements. Buyers must submit a complete DLBA proposal package, including a project description with intended use and timeline, proof of funds, site plan or concept drawings, and documentation of prior similar projects. DLBA also retains the right to tax recapture for five tax years following transfer of ownership.
Key Highlights
- DLBA‑owned vacant land: two residential parcels at 268 & 272 E Grand Blvd, Detroit (must be sold together).
- Total purchase price is $30,000 ($15,000 each).
- Parcel sizes: each approx. 50' x 155'; combined approx. 100' frontage and 155' depth.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
97
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two DLBA-owned residential parcels must be sold together for new construction infill development.
Where is this residential land & home lot located?
The property is located at 268 E Grand Blvd 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: DLBA‑owned vacant land: two residential parcels at 268 & 272 E Grand Blvd, Detroit (must be sold together).; Total purchase price is $30,000 ($15,000 each).; Parcel sizes: each approx. 50' x 155'; combined approx. 100' frontage and 155' depth.
