Vacant Residential Development
For Sale
$66,000
2938 Harrison St, Detroit, MI 48216
Vacant lot offered as part of a three-property package sale, sold as-is for future development planning.
Property SizeContact for details
Days on Market43
Property Features for 2938 Harrison St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Jul 1
Changed: Aug 8
Last Checked: Jul 3 at 4:35PM
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 SCS Great Lakes INC
Investment Insights
Based on property information with market context.
This offering is for a vacant residential development lot. The property is being sold as-is, and buyers are responsible for verifying all measurements, zoning, and development requirements prior to proceeding.
The lot is located in Detroit’s Corktown neighborhood. Corktown is described as a highly sought-after, dynamic district with nearby restaurants, entertainment, parks, and major redevelopment projects, with walk and bike scores of 94 and a transit score of 63.
Importantly, 2938 Harrison must be sold as part of a package with 2914 Harrison Street and 2920 Harrison Street, with all properties sold together for $66,000. This package structure may be of interest to buyers looking to consolidate holdings for a larger plan or to round out a small portfolio. The buyer should also review the DLBA disclosure included with the transaction: DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the purchaser, and DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes. The amount would be determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
The lot is located in Detroit’s Corktown neighborhood. Corktown is described as a highly sought-after, dynamic district with nearby restaurants, entertainment, parks, and major redevelopment projects, with walk and bike scores of 94 and a transit score of 63.
Importantly, 2938 Harrison must be sold as part of a package with 2914 Harrison Street and 2920 Harrison Street, with all properties sold together for $66,000. This package structure may be of interest to buyers looking to consolidate holdings for a larger plan or to round out a small portfolio. The buyer should also review the DLBA disclosure included with the transaction: DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the purchaser, and DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes. The amount would be determined based on the development pro forma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant lot in Detroit’s Corktown neighborhood, offered for future development planning (sold as‑is).
- Part of a three‑property package sale: 2914 Harrison, 2920 Harrison Street, and 2938 Harrison Street.
- All three properties must be sold together for $66,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,035
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot offered as part of a three-property package sale, sold as-is for future development planning.
Where is this residential land & home lot located?
The property is located at 2938 Harrison St Detroit, MI.
What is the asking price?
The asking price for this property is $66,000.
What are key features of this property?
This property features: Vacant lot in Detroit’s Corktown neighborhood, offered for future development planning (sold as‑is).; Part of a three‑property package sale: 2914 Harrison, 2920 Harrison Street, and 2938 Harrison Street.; All three properties must be sold together for $66,000.
