Infill Development Land
For Sale
$45,000
945 E EUCLID Street, Detroit, MI 48211
Vacant land parcel sold together with adjacent lots totaling 14,637 SF, within Detroit’s planning and neighborhood framework initiatives.
Property SizeContact for details
Lot Size0.34 Acres
Days on Market51
Property Features for 945 E EUCLID Street
General Information
Standard status
Active
Lot size
0.34 Acres
Property subtype
Land
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett · License #6501306589
(313) 510-7887
Source:
Corneliusteam
Added: Jul 21
Changed: Sep 8
Last Checked: Aug 25 at 9:44AM
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.
Vacant land is being offered as a package with adjacent lots at 939 and 957 Euclid, totaling 14,637 square feet, and the lots are not sold separately.
The site is located within the Greater Downtown–North End Planning Study and the Oakland/Clay NEZ, where the Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development intended to increase housing supply and restore the urban fabric, including density and walkability.
DLBA will review requests to waive its tax capture rights, which are entitled for the five tax years following transfer of ownership; approval may require a payment in lieu of taxes, based on the development proforma and the effect of any tax abatement on financing. Interested buyers are directed to consult the DLBA proposal guidelines and attached documents for offer submission information and requirements.
The site is located within the Greater Downtown–North End Planning Study and the Oakland/Clay NEZ, where the Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development intended to increase housing supply and restore the urban fabric, including density and walkability.
DLBA will review requests to waive its tax capture rights, which are entitled for the five tax years following transfer of ownership; approval may require a payment in lieu of taxes, based on the development proforma and the effect of any tax abatement on financing. Interested buyers are directed to consult the DLBA proposal guidelines and attached documents for offer submission information and requirements.
Key Highlights
- Vacant land parcel sold together with adjacent lots 939 and 957 Euclid
- Total combined area: 14,637 SF; lots are not sold separately
- Site is within the Greater Downtown–North End Planning Study area
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Current Use
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
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Business Placement
Demographics for 48211, MI
5,447
Population
2,518
Households
2.2
Avg Household Size
32
Median Age
16%
College-Educated
74%
High-School Grad
4.2 sq mi
ZIP Area
1,297
Density / Sq Mi
$33,347
Median Household Income
$23,172
Median Earnings
$985
Median Rent
$66,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land parcel sold together with adjacent lots totaling 14,637 SF, within Detroit’s planning and neighborhood framework initiatives.
Where is this residential land & home lot located?
The property is located at 945 E EUCLID Street Detroit, MI.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Vacant land parcel sold together with adjacent lots 939 and 957 Euclid; Total combined area: 14,637 SF; lots are not sold separately; Site is within the Greater Downtown–North End Planning Study area
