471 JEFFERSON, Detroit, MI 48207
471 JEFFERSON, Detroit, MI 48207
471 JEFFERSON, Detroit, MI 48207
471 JEFFERSON, Detroit, MI 48207
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$ 35,000
Est. payment | /mo

2,178 Sqft Lot


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$ 35,000
Est. payment | /mo
Save

2,178 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240073928

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 45.00 x 47.00

Source Realcomp

Property Description

Prime vacant lot located in the highly sought-after Islandview neighborhood! This 0.10-acre lot offers a fantastic opportunity to build your dream home or investment property. Ideally situated just minutes from Belle Isle, the Detroit Riverwalk, and downtown, you'll enjoy the perfect blend of peaceful residential living with easy access to the vibrant city life. Don't miss out on this great location with plenty of potential for future development! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing.

Location

State MI

County Wayne

Zoning Residential

Direction North of Jefferson Avenue, East of Mount Elliott

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W15I013448S

Acceptable Financing Cash

Listing Terms Cash

Listed by Keller Williams Realty-Great Lakes

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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