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Detroit Land Bank Vacant Lots
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3806 BELVIDERE Street, Detroit, MI 48214

Five contiguous vacant lots available from Detroit Land Bank Authority.

Lot Size0.08 Acres
Days on Market1319

Property Features for 3806 BELVIDERE Street

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Lots/Land
Listing Agency: Real Estate One-Southfield
Listed By: Gene Kelley II · License #6501293908
Source: Exitrealty
Added: Dec 22, 2022 Changed: Jul 6 Last Checked: Jul 31 at 12:22PM

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 Real Estate One-Southfield

Investment Insights

Based on property information with market context.

Five vacant lots are available from the Detroit Land Bank Authority. The lots are contiguous and located in the middle of the block. Additional lots included in the sale are located at 3812, 3800, 3794 and 3788 Belvidere. The Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Key Highlights

  • Five contiguous vacant lots offered as a single package.
  • Opportunity for development ideas.
  • Property offered by the Detroit Land Bank Authority.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value

Market

Properties on Market for Land in Detroit

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Five contiguous vacant lots available from Detroit Land Bank Authority.
Where is this land located?
The property is located at 3806 BELVIDERE 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: Five contiguous vacant lots offered as a single package.; Opportunity for development ideas.; Property offered by the Detroit Land Bank Authority.
More about this property
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