Residential Infill Development
For Sale
$40,000
6220 JOHN KRONK St, Detroit, MI 48210
Vacant residential lot offered through the Detroit Land Bank Authority for small- to medium-scale infill development.
Property SizeContact for details
Days on Market28
Property Features for 6220 JOHN KRONK St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri-Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 5:21PM
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 Bellabay Realty Tri-Counties
Investment Insights
Based on property information with market context.
This offering consists of vacant residential land & home lot in Detroit, presented as an infill build opportunity for small- to medium-scale development. The Detroit Land Bank Authority (DLBA) is seeking proposals aligned with increasing housing supply and restoring the urban fabric through added density and walkability. Prospective buyers should review the DLBA proposal guidelines for new build opportunities.
The property is associated with bikeScore 82 (Very Bikeable), walkScore 64 (Somewhat Walkable), and transitScore 41 (Some Transit). The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note that the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements that could otherwise be available to the selected purchaser, and the payment will be determined after reviewing the development proforma and the effect of any tax abatements on purchase and development financing.
The property is associated with bikeScore 82 (Very Bikeable), walkScore 64 (Somewhat Walkable), and transitScore 41 (Some Transit). The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note that the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements that could otherwise be available to the selected purchaser, and the payment will be determined after reviewing the development proforma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Vacant residential lot offered through the Detroit Land Bank Authority for small- to medium‑scale infill development.
- Detroit Land Bank Authority tax capture applies for the 5 tax years after transferring ownership.
- BikeScore is 82 (Very Bikeable).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 48210, MI
27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential lot offered through the Detroit Land Bank Authority for small- to medium-scale infill development.
Where is this residential land & home lot located?
The property is located at 6220 JOHN KRONK St Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Vacant residential lot offered through the Detroit Land Bank Authority for small- to medium‑scale infill development.; Detroit Land Bank Authority tax capture applies for the 5 tax years after transferring ownership.; BikeScore is 82 (Very Bikeable).
