2796 25th Street, Detroit, MI 48216
Seven residential buildable lots are sold together, offering a consolidated development footprint near Corktown and downtown Detroit.
Property Features for 2796 25th Street
General Information
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Investment Insights
Based on property information with market context.
The property is described as being in close proximity to Corktown, the upcoming Alumnifi Soccer Field, and downtown Detroit, placing it within reach of area destinations while the surrounding environment continues to develop. The DLBA also recommends reviewing applicable Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
For developers and owner-builders, the key functional aspect of this listing is the ability to assemble seven parcels into one cohesive ownership for residential development planning. Buyers should also note the DLBA’s stated entitlement to a tax capture for the five tax years following transfer of ownership, and that this may be incompatible with other tax abatement available to a selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Seven residential buildable lots are offered for sale together and cannot be separated.
- Lots included in the sale: 2776, 2784, 2790, 2796, 2800, 2808, and 2814 25th St.
- Location is near Corktown, with proximity to downtown Detroit.
Property Analytics
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Trade Area within ½ mile
Demographics for 48216, MI