Zoned Residential Development
For Sale
Contact for pricing
Pending
5919 Brush St, Detroit, MI 48202
Zoned R5 lot with DLBA requirements including a minimum of two housing units for new development.
Property SizeContact for details
Days on Market125
Property Features for 5919 Brush St
General Information
Standard status
Pending
Property subtype
Land, Multifamily
Zoning
R5
Listing Agency:
Summit Commercial LLC
(313) 872-1300
Listed By:
Bunia Parker · License #MI 6502357630
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:55AM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
This is a residential land parcel presented as a unique development opportunity. The property is zoned R5, which allows for a variety of residential development opportunities, and the parcel is within a pedestrian-friendly neighborhood setting. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following transfer of ownership.
The property is located in close proximity to the New Center Area, Henry Ford Hospital’s main campus, and Wayne State University, and it is within walking distance to an active commercial corridor along Woodward Ave.
DLBA requires that the new development include a minimum of two housing units. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatements on purchase and financing.
The property is located in close proximity to the New Center Area, Henry Ford Hospital’s main campus, and Wayne State University, and it is within walking distance to an active commercial corridor along Woodward Ave.
DLBA requires that the new development include a minimum of two housing units. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatements on purchase and financing.
Key Highlights
- Zoned R5 lot with residential development opportunities
- DLBA is entitled to a tax capture for the 5 tax years after transferring ownership
- DLBA may require a payment in lieu of taxes to waive tax capture rights
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
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 lot with DLBA requirements including a minimum of two housing units for new development.
Where is this residential land & home lot located?
The property is located at 5919 Brush St Detroit, MI.
What are key features of this property?
This property features: Zoned R5 lot with residential development opportunities; DLBA is entitled to a tax capture for the 5 tax years after transferring ownership; DLBA may require a payment in lieu of taxes to waive tax capture rights
