Detroit Land Investment
For Sale
Contact for pricing
3028 14TH Street, Detroit, MI 48216
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market583
Property Features for 3028 14TH Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
PLAT OF SUB OF PT GODFROY FARM (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
South of Martin Luther King Jr Blvd and East of Rosa Parks Blvd
Standard status
Active
APN
W10I004908S
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
E FOURTEENTH 143 SUB OF GODFROY FARM L1 P293 PLATS, W C R 10/32 42 X 145
Legal Description
E FOURTEENTH 143 SUB OF GODFROY FARM L1 P293 PLATS, W C R 10/32 42 X 145
Utilities
Water source
Public
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Jan 17, 2025
Changed: May 13
Last Checked: Aug 23 at 3:06AM
MLS# 20250003990
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Investment Insights
Based on property information with market context.
This 0.14-acre residential land lot in Detroit, MI, presents a great investment opportunity. It is being sold as a bundle with 3034 14th St. The location offers a short commute to several local freeways and is minutes from Corktown. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development, with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements. 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 will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
Key Highlights
- Investment opportunity: Sold as a bundle with 3034 14th St.
- Great location: Close to freeways.
- Proximity to Corktown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
550
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 - Land bundle ideal for residential development in Detroit, MI.
Where is this residential land & home lot located?
The property is located at 3028 14TH Street Detroit, MI.
What are key features of this property?
This property features: Investment opportunity: Sold as a bundle with 3034 14th St.; Great location: Close to freeways.; Proximity to Corktown.
