Residential Infill Development
For Sale
$45,000
Pending
3751 LONGFELLOW Street, Detroit, MI 48206
Zoned R5 residential lot available for a required City of Detroit design review and development proposal process.
Property SizeContact for details
Days on Market45
Property Features for 3751 LONGFELLOW Street
General Information
Standard status
Pending
Property subtype
Land
Zoning
Residential
Amenities
no
4
Public Sewer, Sewer At Street
Public, Waterat Street
0.1
Acres
41
Paved
41 x 100
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jul 1
Changed: Aug 8
Last Checked: Jul 4 at 6:27PM
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 is a residential land lot positioned for infill housing development. The property is sold together with five other lots identified as 3727, 3735, 3743, 3761, and 3767 Longfellow, for a combined total of 25,038 square feet. The buyer is required to submit a proposal that includes construction plans or precedent architectural images of the proposed development, along with a financing plan supported by proof of funds or a pre-approval letter, or through a new construction loan of the property.
The lot is zoned R5. Proposed projects will require approval of the Design Review from the City of Detroit. The provided materials also note that tax capture may be incompatible with certain tax abatements that could otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may include a payment in lieu of taxes. The amount, if applicable, will be determined as part of the development financing review.
For developers and builders, this is a straightforward assemblage opportunity where the primary diligence item is the required submission and approval workflow. Prospective buyers should review the attached DLBA requirements and plan for the proposal submission process through the provided Google Doc application link. BATVAI.
The lot is zoned R5. Proposed projects will require approval of the Design Review from the City of Detroit. The provided materials also note that tax capture may be incompatible with certain tax abatements that could otherwise be available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, which may include a payment in lieu of taxes. The amount, if applicable, will be determined as part of the development financing review.
For developers and builders, this is a straightforward assemblage opportunity where the primary diligence item is the required submission and approval workflow. Prospective buyers should review the attached DLBA requirements and plan for the proposal submission process through the provided Google Doc application link. BATVAI.
Key Highlights
- Zoned R5 residential lot in the City of Detroit, available for an infill housing development proposal process.
- Lot size: 0.1 acres (41 x 100) with 41 ft of paved road frontage.
- Utilities available: public water and public sewer, with sewer and water at the street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
307
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 - Zoned R5 residential lot available for a required City of Detroit design review and development proposal process.
Where is this residential land & home lot located?
The property is located at 3751 LONGFELLOW Street Detroit, MI.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Zoned R5 residential lot in the City of Detroit, available for an infill housing development proposal process.; Lot size: 0.1 acres (41 x 100) with 41 ft of paved road frontage.; Utilities available: public water and public sewer, with sewer and water at the street.
