Zoned R2 Infill Development
For Sale
Contact for pricing
3300 WILLIAMS Street, Detroit, MI 48208
Vacant residential lot zoned R2, with infill construction subject to city design review and DLBA approval requirements.
Property SizeContact for details
Days on Market44
Property Features for 3300 WILLIAMS Street
General Information
Standard status
Active
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
0.46
Acres
40
Paved
40X125
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jun 30
Changed: Aug 8
Last Checked: Jul 1 at 12:53AM
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 RCH Brokerage Legacy, Inc.
Investment Insights
Based on property information with market context.
This offering consists of a vacant residential land parcel suited for infill housing development. The property is zoned R2, and any proposed buyer must submit a purchase proposal that includes construction plans or precedent architectural images for the proposed development. The submission must also include a financing plan with proof of funds, a pre-application letter, or a new construction loan documentation, along with the items outlined in the attached DLBA requirements.
Development is subject to approval of a Design Review from the city of Detroit. The process also includes DLBA review of any requests to waive its tax capture rights, which may affect compatibility with tax abatements that may otherwise be available. DLBA may require a payment in lieu of taxes to approve such requests, with the amount determined through review of the development financing. Proposals should be submitted through the provided Google Doc link included in the attachments.
For developers and builders seeking an infill residential site in a zoned R2 configuration, this land parcel can be a fit if your team is prepared to manage the city design review and the DLBA proposal and tax-capture requirements as part of the acquisition and development process.
Development is subject to approval of a Design Review from the city of Detroit. The process also includes DLBA review of any requests to waive its tax capture rights, which may affect compatibility with tax abatements that may otherwise be available. DLBA may require a payment in lieu of taxes to approve such requests, with the amount determined through review of the development financing. Proposals should be submitted through the provided Google Doc link included in the attachments.
For developers and builders seeking an infill residential site in a zoned R2 configuration, this land parcel can be a fit if your team is prepared to manage the city design review and the DLBA proposal and tax-capture requirements as part of the acquisition and development process.
Key Highlights
- Vacant residential lot zoned R2, ready for infill housing development subject to city design review.
- 40 ft of paved road frontage and 40 x 125 lot dimensions (0.46 acres).
- Utilities available: public water and public sewer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential lot zoned R2, with infill construction subject to city design review and DLBA approval requirements.
Where is this residential land & home lot located?
The property is located at 3300 WILLIAMS Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Vacant residential lot zoned R2, ready for infill housing development subject to city design review.; 40 ft of paved road frontage and 40 x 125 lot dimensions (0.46 acres).; Utilities available: public water and public sewer.
