Infill Residential Development
For Sale
$129,000
2700 HURON Street, Detroit, MI 48216
Zoned R2 and sold as part of an 8-lot package for infill housing, subject to city design review and DLBA requirements.
Property SizeContact for details
Lot Size0.56 Acres
Days on Market43
Property Features for 2700 HURON Street
General Information
Standard status
Active
Lot size
0.56 Acres
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
0.05
Acres
40
Paved
40 x 50
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jun 30
Changed: Aug 8
Last Checked: Jul 1 at 12:53AM
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 RCH Brokerage Legacy, Inc.
Investment Insights
Based on property information with market context.
This offering is for a residential infill development lot sold as part of a bundled package of eight lots. The bundle includes 2701, 2711, and 2721 Vermont; 2708, 2718, and 2724 Huron; and 2030 Spruce, with all eight lots totaling 24,201 square feet. The property is zoned R2. Separate purchase of an individual lot is not available.
Acquisition requires submitting a purchase proposal that includes construction plans or precedent architectural images for the proposed development, along with a financing plan supported by documentation such as a POF, a pre-application letter, or a new construction loan. Approval will also require Design Review from the city. The DLBA will review requests related to tax capture rights, including potential incompatibility with tax abatements, and may require a payment in lieu of taxes depending on the development financing.
For developers and builders seeking to pursue new construction on an R2 residential site, this package structure and approval framework should be planned into the project timeline and financing process. Interested parties should review the attached DLBA requirements and submit proposals through the provided Google doc application link.
Acquisition requires submitting a purchase proposal that includes construction plans or precedent architectural images for the proposed development, along with a financing plan supported by documentation such as a POF, a pre-application letter, or a new construction loan. Approval will also require Design Review from the city. The DLBA will review requests related to tax capture rights, including potential incompatibility with tax abatements, and may require a payment in lieu of taxes depending on the development financing.
For developers and builders seeking to pursue new construction on an R2 residential site, this package structure and approval framework should be planned into the project timeline and financing process. Interested parties should review the attached DLBA requirements and submit proposals through the provided Google doc application link.
Key Highlights
- Lot is 0.05 acres with 40 x 50 lot dimensions and 40 ft paved road frontage
- Utilities available: public sewer and public water
- Zoned R2 and sold as part of an 8‑lot package (not sold separately)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
Demographics for 48216, MI
5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned R2 and sold as part of an 8-lot package for infill housing, subject to city design review and DLBA requirements.
Where is this residential land & home lot located?
The property is located at 2700 HURON Street Detroit, MI.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Lot is 0.05 acres with 40 x 50 lot dimensions and 40 ft paved road frontage; Utilities available: public sewer and public water; Zoned R2 and sold as part of an 8‑lot package (not sold separately)
