Contiguous Residential Infill
For Sale
Contact for pricing
3521 Cochrane St, Detroit, MI 48208
Five contiguous residential infill lots offered for development, subject to Detroit Land Bank Authority review and agreement execution.
Property SizeContact for details
Days on Market18
Property Features for 3521 Cochrane St
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2.00
Listing Agency:
Next Level Realty & Investments
(734) 506-0076
Listed By:
Catina Willis · License #6502416849
(734) 506-0076
Source:
Elliman
Added: Jul 26
Changed: Aug 8
Last Checked: Jul 26 at 3:05AM
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 offering includes five contiguous residential infill lots intended for new residential construction in Detroit. The adjacent lots referenced with the subject parcels include 3515, 3521, 3529, 3541, and 3545 Cochrane, with 3521 Cochrane St listed as part of the assemblage. The parcels are presented for development as single-family homes or condominiums.
The remarks cite a location within 1 mile of Michigan Central Station, Roosevelt Park, and Historic Corktown, with proximity to restaurants, breweries, and coffee shops. The property is also described as less than 2 miles from Comerica Park, Ford Field, and Little Caesars Arena, along with major freeways.
Interested buyers must submit a complete proposal package for Detroit Land Bank Authority (DLBA) approval, including a project proposal, proof of funds, and a site plan or concept drawing, plus proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The DLBA is entitled to a tax recapture for the five tax years following transfer of ownership.
The remarks cite a location within 1 mile of Michigan Central Station, Roosevelt Park, and Historic Corktown, with proximity to restaurants, breweries, and coffee shops. The property is also described as less than 2 miles from Comerica Park, Ford Field, and Little Caesars Arena, along with major freeways.
Interested buyers must submit a complete proposal package for Detroit Land Bank Authority (DLBA) approval, including a project proposal, proof of funds, and a site plan or concept drawing, plus proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The DLBA is entitled to a tax recapture for the five tax years following transfer of ownership.
Key Highlights
- Acquire five contiguous residential infill lots at once for development, with adjacent parcels listed as 3515, 3521, 3529, 3541, and 3545 Cochrane
- Offered at a total price of $60,000 for all 5 parcels
- Subject to Detroit Land Bank Authority (DLBA) review, including proposal package, proof of funds, site plan/concept drawing, and proof of previous development experience
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
666
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 - Five contiguous residential infill lots offered for development, subject to Detroit Land Bank Authority review and agreement execution.
Where is this residential land & home lot located?
The property is located at 3521 Cochrane St 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: Acquire five contiguous residential infill lots at once for development, with adjacent parcels listed as 3515, 3521, 3529, 3541, and 3545 Cochrane; Offered at a total price of $60,000 for all 5 parcels; Subject to Detroit Land Bank Authority (DLBA) review, including proposal package, proof of funds, site plan/concept drawing, and proof of previous development experience
