Detroit Land Bundle
4261 ROSA PARKS Boulevard, Detroit, MI 48208
- Added:
- Mar 22, 2023
- Days on Market:
- 1158
- Last Refresh:
- May 22 at 4:06 pm
Property Features for 4261 ROSA PARKS Boulevard
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W08I008124S
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- W TWELFTH 18 EXC E 5 FT WM B WESSONS SEC L1 P31 PLATS, W C R 8/59 30 IRREG
Utilities
- Water source
- Public
Listing agent Leonard A Pickett III License #6501306589 (248) 440-2268
Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI (248) 440-2268
Listing date Mar 22, 2023
MLS# 20230018615
Listing URL
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HighLights
- Bundled sale of 3 lots totaling 6,004 sqft on Rosa Parks Blvd (4249 and 4255 Rosa Parks Blvd).
- Opportunity for small- to medium‑scale infill development to increase housing supply.
- DLBA seeking proposals to restore urban fabric, density, and walkability.
- Located in an area where the DLBA recommends reviewing Neighborhood Framework Plans from the City of Detroit's Planning and Development Department.
- Public water source available.
- DLBA tax capture for 5 years subsequent to ownership transfer (subject to potential waiver with payment in lieu of taxes).
Overview
This property is bundled with 4249 and 4255 Rosa Parks Blvd and is not sold separately. The three lots total 6,004 sqft. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). The DLBA 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 abatement 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 abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info.
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.080499
- Latitude
- 42.345786
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Three bundled lots totaling 6,004 sqft in Detroit.
Where is this residential land & home lot located?
The property is located at 4261 ROSA PARKS Boulevard 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: Bundled sale of 3 lots totaling 6,004 sqft on Rosa Parks Blvd (4249 and 4255 Rosa Parks Blvd).; Opportunity for small- to medium‑scale infill development to increase housing supply.; DLBA seeking proposals to restore urban fabric, density, and walkability.
