Vacant Infill Development
For Sale
$30,000
3997 17th Street, Detroit, MI 48208
Vacant lot sold as a bundle of four total lots, totaling 9,887 sqft, not available for separate sale.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market173
Property Features for 3997 17th Street
General Information
Standard status
Active
Lot size
0.23 Acres
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy Inc
(313) 510-7887
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Compass
Added: Feb 20
Changed: Aug 8
Last Checked: Jul 20 at 2:43PM
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 includes a vacant lot sold bundled with 2517, 2525 Poplar, and 4005 Bagley, for a total of four lots. The combined land total is 9,887 square feet, and the lots are not sold separately.
The Detroit Land Bank Authority is seeking proposals for small- to medium-scale infill development intended to increase housing supply and help restore the urban fabric, including density and walkability. Interested buyers should review the proposal guidelines for new build opportunities, along with Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context.
Please note the Detroit Land Bank Authority is entitled to tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatement otherwise available to the purchaser; the DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development pro forma and the effect of any tax abatement on purchase and development financing.
The Detroit Land Bank Authority is seeking proposals for small- to medium-scale infill development intended to increase housing supply and help restore the urban fabric, including density and walkability. Interested buyers should review the proposal guidelines for new build opportunities, along with Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context.
Please note the Detroit Land Bank Authority is entitled to tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatement otherwise available to the purchaser; the DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development pro forma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant lot sold as a bundle of four lots: 2517 Poplar, 2525 Poplar, and 4005 Bagley (not sold separately).
- Total land area for the bundle: 9,887 sqft.
- DLBA seeking proposals for small- to medium‑scale infill development to increase housing supply and restore urban fabric, density, and walkability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
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 lot sold as a bundle of four total lots, totaling 9,887 sqft, not available for separate sale.
Where is this residential land & home lot located?
The property is located at 3997 17th Street Detroit, MI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Vacant lot sold as a bundle of four lots: 2517 Poplar, 2525 Poplar, and 4005 Bagley (not sold separately).; Total land area for the bundle: 9,887 sqft.; DLBA seeking proposals for small- to medium‑scale infill development to increase housing supply and restore urban fabric, density, and walkability.
