2808 25th Street, Detroit, MI 48216
Seven residential lots are offered together for new build development with guidance from DLBA proposal requirements.
Property Features for 2808 25th Street
General Information
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Investment Insights
Based on property information with market context.
The property is located in Detroit and described as being in close proximity to Corktown, with a nearby Alumnifi Soccer Field expected to be coming soon, as well as downtown Detroit. Prospective purchasers are also directed to review Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
For developers and owner-builders seeking a consolidated land package, the combined configuration may support planning for a multi-lot residential project. Buyers should review the DLBA’s stated tax capture provisions, including that the DLBA is entitled to a tax capture for the five tax years after transferring ownership. The tax capture may be incompatible with other tax abatement options available to the selected purchaser, and any request to waive the tax capture rights will be reviewed by the DLBA, potentially requiring a payment in lieu of taxes based on the development pro forma and the impact of any tax abatement on purchase and development financing.
Key Highlights
- Seven residential lots offered together for new build development; lots cannot be separated
- Included addresses: 2776, 2784, 2790, 2796, 2800, 2808, and 2814 25th St.
- DLBA proposal guidelines apply for new build opportunities
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48216, MI