Vacant Infill Development
For Sale
Contact for pricing
3340 Rochester Street, Detroit, MI 48206
Bundle of vacant lots offered for small- to medium-scale infill development with stated goals of housing supply and density.
Property SizeContact for details
Days on Market1213
Property Features for 3340 Rochester Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Apr 19, 2023
Changed: Aug 8
Last Checked: Jul 21 at 2:16AM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This offering includes a bundle of vacant land parcels in the Dexter Linwood neighborhood, with addresses listed as 3310, 3332, 3352, 3358, 3346, 3340, and 3324 Rochester Street. The DLBA is seeking proposals for small- to medium-scale infill development intended to increase housing supply and restore the urban fabric, with an emphasis on density and walkability.
Interested buyers should review the proposal guidelines for new build opportunities and consult the Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. Please note that the DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with any tax abatement that may otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatement on purchase and development financing.
Interested buyers should review the proposal guidelines for new build opportunities and consult the Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. Please note that the DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with any tax abatement that may otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant land bundle for small- to medium‑scale infill development in the Dexter Linwood neighborhood
- Includes 3310, 3332, 3340, 3346, 3352, 3358, and 3324 Rochester Street
- Total bundle price is $19,800
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bundle of vacant lots offered for small- to medium-scale infill development with stated goals of housing supply and density.
Where is this residential land & home lot located?
The property is located at 3340 Rochester 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 land bundle for small- to medium‑scale infill development in the Dexter Linwood neighborhood; Includes 3310, 3332, 3340, 3346, 3352, 3358, and 3324 Rochester Street; Total bundle price is $19,800
