2814 25th Street, Detroit, MI 48216
For sale as one package, seven residential lots are offered for build opportunities with DLBA tax capture terms to review.
Property Features for 2814 25th Street
General Information
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Investment Insights
Based on property information with market context.
The property is positioned in close proximity to Corktown, with the Alumnifi Soccer Field anticipated nearby, and within reach of downtown Detroit. Buyers are encouraged to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department to understand additional neighborhood context.
Because the lots are being marketed as a single transaction, this land package may be best suited for developers or builders looking to control an entire multi-lot footprint. Buyers should also factor in DLBA’s stated entitlement to a tax capture for the five tax years following transfer of ownership, and note that the tax capture may be incompatible with other tax abatements. DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes depending on the development proforma and the effect of any abatement on purchase and development financing.
Key Highlights
- Seven residential lots offered for sale as one package; properties cannot be separated
- Sale includes 2776, 2784, 2790, 2796, 2800, 2808, and 2814 25th St.
- DLBA tax capture applies for the 5 tax years after transferring ownership
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48216, MI