Residential Development Land
For Sale
Contact for pricing
4206 VERMONT, Detroit, MI 48208
Residential land for sale bundled with adjacent parcels at 4134 and 4144 Vermont.
Property SizeContact for details
Days on Market43
Property Features for 4206 VERMONT
General Information
Standard status
Active
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
0.06
Acres
80
Paved
80.00X32.00
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 residential development land lot is being offered for sale as part of a bundled package with 4134 and 4144 Vermont, and it is not being sold separately.
The available materials include DLBA requirements and offer submission information. The DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property, and the tax capture may be incompatible with any tax abatements 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, with the payment amount determined upon review of the development pro forma and the effect of any tax abatement on purchase and development financing.
The provided remarks also state that the building should define space in a meaningful way and be designed to complement the community, with development intended to support a diverse residential stock and density across a variety of price points and ownership and housing types.
The available materials include DLBA requirements and offer submission information. The DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property, and the tax capture may be incompatible with any tax abatements 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, with the payment amount determined upon review of the development pro forma and the effect of any tax abatement on purchase and development financing.
The provided remarks also state that the building should define space in a meaningful way and be designed to complement the community, with development intended to support a diverse residential stock and density across a variety of price points and ownership and housing types.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,828
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land for sale bundled with adjacent parcels at 4134 and 4144 Vermont.
Where is this residential land & home lot located?
The property is located at 4206 VERMONT Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
