Vacant Land Development
For Sale
Contact for pricing
Pending
3106 17TH St, Detroit, MI 48216
Vacant land parcel sold as part of a bundle with multiple Detroit lots.
Property SizeContact for details
Days on Market29
Property Features for 3106 17TH St
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Highway Access
Yes
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 5:44PM
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 includes a vacant land lot sold as a bundle with 2433 Ash, 2439 Ash, 3094 17th, and 2427 Ash, all in Detroit. The City of Detroit’s DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Buyers are encouraged to review the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance.
The property is described as a land-based site and is located in an area that is walkScore 35 (car-dependent) and bikeScore 60 (bikeable), with a transitScore of 49 (some transit). The remarks also note the DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.
The DLBA also states it is entitled to a tax capture for the five tax years subsequent to transferring ownership, and that this tax capture may be incompatible with tax abatements otherwise available to a selected purchaser. Requests to waive tax capture rights are reviewed by the DLBA and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
The property is described as a land-based site and is located in an area that is walkScore 35 (car-dependent) and bikeScore 60 (bikeable), with a transitScore of 49 (some transit). The remarks also note the DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.
The DLBA also states it is entitled to a tax capture for the five tax years subsequent to transferring ownership, and that this tax capture may be incompatible with tax abatements otherwise available to a selected purchaser. Requests to waive tax capture rights are reviewed by the DLBA and may require a payment in lieu of taxes, determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
594
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?
Agricultural land / Farmland - Vacant land parcel sold as part of a bundle with multiple Detroit lots.
Where is this agricultural land / farmland located?
The property is located at 3106 17TH St Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
