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Residential Infill Development Opportunity
For Sale
$52,000

967 CONNER Street, Detroit, MI 48215

Seven lots available in the Jefferson Chalmers neighborhood.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market675

Property Features for 967 CONNER Street

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Lots/Land
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Source: Exitrealty
Added: Oct 8, 2024 Changed: Aug 8 Last Checked: Jul 16 at 4:19AM

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 residential infill development opportunity is located in the rapidly developing Jefferson Chalmers neighborhood, a few blocks from the Detroit River and steps away from Stellantis and Coriander. The offering includes seven lots located at 967, 1003, 997, 991, 987, 979, and 973 Conner. The combined area of the lots totals 20,602 square feet. The lots cannot be sold separately. The sale is contingent on a buyer/seller executed development agreement. Note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Key Highlights

  • Large residential infill development opportunity in Jefferson Chalmers.
  • Includes 7 lots totaling 20,602 square feet.
  • Proximity to the Detroit River.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Seven lots available in the Jefferson Chalmers neighborhood.
Where is this residential land & home lot located?
The property is located at 967 CONNER Street Detroit, MI.
What is the asking price?
The asking price for this property is $52,000.
What are key features of this property?
This property features: Large residential infill development opportunity in Jefferson Chalmers.; Includes 7 lots totaling 20,602 square feet.; Proximity to the Detroit River.
More about this property
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