Detroit Land Bank Development
For Sale
Contact for pricing
3000 Tyler St, Detroit, MI 48238
Development opportunity in revitalizing area requiring DLBA approval.
Property Size2,112 SF
Days on Market110
Property Features for 3000 Tyler St
General Information
Standard status
Active
Size
2,112 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Building Size
2,112 SF
Year Built
1926
Units
2
Listing Agency:
Next Level Realty & Investments
(734) 506-0076
Listed By:
Catina Willis · License #6502416849
(734) 506-0076
Source:
Elliman
Added: May 9
Changed: Aug 12
Last Checked: Aug 25 at 7:55AM
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 Next Level Realty & Investments
Investment Insights
Based on property information with market context.
This property presents a development opportunity within an up-and-coming area experiencing revitalization. Interested buyers are required to submit a complete proposal package for Detroit Land Bank Authority (DLBA) approval. The proposal package must include a project proposal, proof of funds, a site plan or concept drawing, and evidence of prior development experience. The sale is contingent upon the execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following the transfer of ownership. This provision may not be compatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing. The location has a bike score of 38, indicating it is somewhat bikeable. The walk score is 31, indicating car-dependent surroundings. The transit score is 50, indicating good transit options.
Key Highlights
- Development opportunity in an up‑and‑coming area undergoing revitalization
- Good transit score (50)
- Year built: 1926
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 48238, MI
25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development opportunity in revitalizing area requiring DLBA approval.
Where is this commercial land located?
The property is located at 3000 Tyler St Detroit, MI.
What are key features of this property?
This property features: Development opportunity in an up‑and‑coming area undergoing revitalization; Good transit score (50); Year built: 1926
