Residential Land Development
For Sale
Contact for pricing
272 E Grand Blvd, Detroit, MI 48207
Two residential parcels on East Grand Boulevard must be sold together, totaling about 100 feet of frontage.
Property SizeContact for details
Days on Market183
Property Features for 272 E Grand Blvd
General Information
Standard status
Active
Property subtype
Land
Site & Location
Neighborhood
Mexicantown
Listing Agency:
Atlas Properties Inc
Listed By:
Adam Hage · License #6506046052
(313) 598-2566
Source:
Exprealty
Added: May 4
Changed: Oct 25
Last Checked: Nov 1 at 10:07AM
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
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Investment Insights
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This offering includes two (2) vacant residential land parcels to be sold together through the Detroit Land Bank Authority (DLBA) Marketed Property Program. The parcels are identified as 268 and 272 E Grand Blvd. Each parcel is approximately 50 feet by 155 feet, combining for roughly 100 feet of frontage and 155 feet of depth.
The property is located in Detroit’s Islandview neighborhood. The surrounding area includes a mix of occupied homes, renovations, and new construction activity. The offering is described as suitable for new construction infill development, with intended single-family or potential multi-unit development subject to zoning and City of Detroit approval.
The sale is subject to execution of a DLBA Development Agreement and compliance with all City permitting and approval requirements. The property is sold as-is. Prospective buyers must submit a complete DLBA proposal package, including a project description with intended use and construction timeline, proof of funds, site plan or concept drawings, and documentation of prior similar projects. DLBA retains the right to tax recapture for five tax years following transfer of ownership.
The property is located in Detroit’s Islandview neighborhood. The surrounding area includes a mix of occupied homes, renovations, and new construction activity. The offering is described as suitable for new construction infill development, with intended single-family or potential multi-unit development subject to zoning and City of Detroit approval.
The sale is subject to execution of a DLBA Development Agreement and compliance with all City permitting and approval requirements. The property is sold as-is. Prospective buyers must submit a complete DLBA proposal package, including a project description with intended use and construction timeline, proof of funds, site plan or concept drawings, and documentation of prior similar projects. DLBA retains the right to tax recapture for five tax years following transfer of ownership.
Key Highlights
- DLBA‑owned vacant land: 2 residential parcels at 272 & 268 E Grand Blvd (Islandview) sold together.
- Parcel sizes: approximately 50' x 155' each; combined approximately 100' frontage and 155' depth.
- Total purchase price $30,000 ($15,000 each) with sale contingent on a DLBA Development Agreement and City of Detroit approvals.
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Location Intelligence
Trade Area within ½ mile
562
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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 residential parcels on East Grand Boulevard must be sold together, totaling about 100 feet of frontage.
Where is this residential land & home lot located?
The property is located at 272 E Grand Blvd Detroit, MI.
What are key features of this property?
This property features: DLBA‑owned vacant land: 2 residential parcels at 272 & 268 E Grand Blvd (Islandview) sold together.; Parcel sizes: approximately 50' x 155' each; combined approximately 100' frontage and 155' depth.; Total purchase price $30,000 ($15,000 each) with sale contingent on a DLBA Development Agreement and City of Detroit approvals.
