Infill Development Residential
For Sale
$31,000
6102 ROSA PARKS Boulevard, Detroit, MI 48208
DLBA offers residential infill opportunity with guidance on new-build proposals and a 5-year tax capture following transfer.
Property SizeContact for details
Days on Market44
Property Features for 6102 ROSA PARKS Boulevard
General Information
Standard status
Active
Property subtype
Land
Zoning
Residential
Amenities
no
Sewer At Street
Public
0.18
Acres
59
Paved
59.00 x 131.00
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jun 30
Changed: Aug 8
Last Checked: Jul 1 at 12:53AM
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 consists of residential land & home lots, presented by the Detroit Land Bank Authority for small- to medium-scale infill development. The DLBA’s stated goal is to increase housing supply while restoring urban fabric, including attention to density and walkability. Interested buyers are directed to review the DLBA proposal guidelines for new build opportunities and to consult the City of Detroit’s Neighborhood Framework Plans for additional neighborhood context.
The transaction is for sale, and prospective offerors should review the attached documents for DLBA requirements and submission instructions. The property is subject to DLBA’s tax capture rights for the five tax years subsequent to transferring ownership. The DLBA notes that tax capture may be incompatible with tax abatements that could otherwise be available to a selected purchaser.
The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve a waiver. The amount would be determined based on the development proforma and the effect of any tax abatement on purchase and development financing. Buyers should also conduct their own due diligence and verify all details; BATVAI.
The transaction is for sale, and prospective offerors should review the attached documents for DLBA requirements and submission instructions. The property is subject to DLBA’s tax capture rights for the five tax years subsequent to transferring ownership. The DLBA notes that tax capture may be incompatible with tax abatements that could otherwise be available to a selected purchaser.
The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve a waiver. The amount would be determined based on the development proforma and the effect of any tax abatement on purchase and development financing. Buyers should also conduct their own due diligence and verify all details; BATVAI.
Key Highlights
- 0.18‑acre lot with 59 ft of road frontage (59.00 x 131.00 dimensions)
- Road frontage is paved
- Public water available; sewer at street
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
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 - DLBA offers residential infill opportunity with guidance on new-build proposals and a 5-year tax capture following transfer.
Where is this residential land & home lot located?
The property is located at 6102 ROSA PARKS Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $31,000.
What are key features of this property?
This property features: 0.18‑acre lot with 59 ft of road frontage (59.00 x 131.00 dimensions); Road frontage is paved; Public water available; sewer at street
