815 Continental St, Detroit, MI 48215
Vacant land bundle totaling approximately 0.70 acres, sold only together, for future development or land activation proposals.
Property Features for 815 Continental St
General Information
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Investment Insights
Based on property information with market context.
The Detroit Land Bank Authority is seeking proposals to support activation and stewardship of vacant land sites, including options such as urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the DLBA proposal guidelines for land-based sites and its Guide to Plot Plan, Site Design, and Maintenance, along with the City of Detroit’s Neighborhood Framework Plans for additional neighborhood context.
The DLBA notes that it is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with any tax abatement otherwise available to a selected purchaser, and DLBA may require a payment in lieu of taxes to approve a request to waive tax capture rights, based on the development pro forma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant land bundle totaling approximately 0.70 acres
- Bundle must be purchased together: 797, 805, 815, 821, 827, 833, 839, 845, and 851 Continental
- DLBA seeks proposals for land activation and stewardship, including urban agriculture, gardening, or beautification
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Demographics for 48215, MI