Detroit Land Multi-Family
For Sale
$75,000
Pending
2802-12 HARRISON, Detroit, MI 48216
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.21 Acres
Days on Market2687
Property Features for 2802-12 HARRISON
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
PLAT OF PC 27 LOGNON FARM (PLATS)
Lot features
Corner Lot
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
North East Corner of Perry & Harrison
Standard status
Pending
APN
W08I006678S001
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
E HARRISON W 70 FT 281 PLAT OF LOGNON FARM L2 P5 PLATS, W C R 8/29 31 X 70
Legal Description
E HARRISON W 70 FT 281 PLAT OF LOGNON FARM L2 P5 PLATS, W C R 8/29 31 X 70
Listing Agency:
Premier Property Services LLC · NextHome
(313) 822-9000
Listed By:
James Bufalino · License #6501313711
(313) 822-9000
Added: Apr 15, 2019
Changed: May 14
Last Checked: Aug 22 at 8:06PM
MLS# 219033854
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Investment Insights
Based on property information with market context.
These vacant lots in Detroit, MI, present a mixed-use, multi-family new build opportunity. Development proposals must include a minimum of 3 housing units, a development plan outlining the scope of development (number of units and total square footage), development cost estimates, proof of funds, and architectural drawings or precedent architecture images. Only complete proposals will be considered. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years following the property ownership transfer. This tax capture may not be compatible with other tax abatements available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatements on the purchase and development financing. The lot size is approximately 0.21 acres.
Key Highlights
- Mixed‑use/Multi‑family new build opportunity.
- Vacant lot ready for development.
- Development proposal must include at least 3 housing units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
718
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 - Vacant lots suitable for multi-family development in Detroit, MI.
Where is this residential land & home lot located?
The property is located at 2802-12 HARRISON Detroit, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Mixed‑use/Multi‑family new build opportunity.; Vacant lot ready for development.; Development proposal must include at least 3 housing units.
